The phrase "increase option" means to have more choices or opportunities available to you, with the possibility of choosing or doing more than before. Full definition
With increasing options for online networking, the very definition of social media is shifting. (inc.com)
The availability of retirement plan funds without penalty increases the options available to the parties and also, of course, creates new arguments for the parties. (abetterdivorce.com)
So while we expect to see (continued) constrained inventory conditions in 2018, buyers might have increased options when it comes to finding a home. (homebuyinginstitute.com)