balloting vs option

balloting and option both are nouns.

Word	Noun	Adjective	Verb	Adverb
balloting	Yes	No	No	No
option	Yes	No	No	No

As nouns, option is a hypernym of balloting; that is, option is a word with a broader meaning than balloting:

balloting: a choice that is made by counting the number of people in favor of each alternative
option: the act of choosing or selecting

Other hypernyms of balloting include choice, pick, selection.

balloting (noun)	option (noun)
a choice that is made by counting the number of people in favor of each alternative	the act of choosing or selecting
	one of a number of things from which only one can be chosen
	the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited