If you’re using different variations of your products in Shopify, (i.e. color variants, different sizes, etc) you can configure options in this section to save that data. Here you need to input the Name of the option by which it is being identified and the Option Name can be set according to you, as it is going to appear on the frontend which fulfills the Customer’s need.
For example: If we want to add Color to Options, it will have the following values.
Name: Color (You can have any other custom name according to your requirement)
Option Name: Color (Here the option name should be similar to the one that you’ve stored in your Shopify Store)
Is Searchable: Yes (You can either choose Yes if you want to make the value of the tag searchable or else No)
Is Filterable: Yes (You can either choose Yes if you want the Named Tag to appear in the Filters or else No)
For each Option you’re adding, you can select a Value Rule where you can either select to consider the Option you might have added or to Ignore them, according to your need.