不是，这里的“option”指的是选择权。

fair value option指公允价值选择权或公允价值计量选择权。

允价值选择权允许企业实体根据自身需要，在初始和后续计量时，使用公允价值计量特定金融资产和金融负债。

The fair value option is the alternative for a business to record its financial instruments at their fair values. GAAP allows this treatment for the following items: A financial asset or financial liability. A firm commitment that only involves financial instruments.

公允价值是金融资产和金融负债最为相关的计量属性，但是考虑到通行的会计实务惯例以及会计信息可靠性等技术上的难点，现行准则不得不采取了折中的办法，即要求某些金融资产和负债（如衍生金融工具）采用公允价值计量，而其他金融资产和负债采用其他的计量属性（如持有至到期投资及贷款采用实际利率法，按摊余成本计量）。这种混合的会计计量属性使得企业财务报告中反映的资产负债状况和盈利状况表现出比经济实质更为严重的波动性。允许企业根据具体业务情况，将公允价值属性拓展到某些金融资产和金融负债的计量中，可以有效减轻混合计量属性给企业财务报告造成的不利影响。

以下为相关双语示例，供参考：

For investments in convertible bonds with maturities of over one year, the Group elected the fair value option. The fair value option permits the irrevocable election on an instrument-by-instrument basis at initial recognition of an asset or liability or upon an event that gives rise to a new basis of accounting for that instrument. The investments accounted for under the fair value option are carried at fair value with realized or unrealized gains (losses) recorded as investment income (loss), net in the consolidated statements of comprehensive loss. The Group classifies the valuation techniques that use these inputs as Level 2 of fair value measurements.

对于期限超过一年的可换股债券投资而言，本集团选择公允价值选项。公允价值选项允许在初始确认某项资产或负债时或在产生某个工具的新会计基础的事件发生时，就逐个工具作出不可撤销的选择。根据公允价值选项核算的投资，按公允价值列账，已实现或未实现损益在合并综合亏损表中记为投资收益（亏损）净额。本集团将使用这些输入值的估值技术归类为第二级公允价值计量。

Investment securities include i) marketable equity securities, which are publicly traded stocks or funds measured at fair value and ii) debt securities, which the fair value option was selected.

投资性证券包括i)以公允价值计量的公开交易股票或基金的有价权益证券和ii)选择公允价期权的债务证券。