excerption vs option

excerption and option both are nouns.

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

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

Other hypernyms of excerption include choice, pick, selection.

excerption (noun)	option (noun)
The act of excerpting or selecting from a larger work.	the act of choosing or selecting
a passage selected from a larger work	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