Q: Is a Option Key a modifier key present on Apple keyboards? ¶
A: Yes.
Q: Is a Option Key often used in conjunction with special keys like Tab ↹? ¶
A: Yes, and delete, and return to provide alternate functions.
Q: Is a Option Key similar to that of the AltGr key on European keyboards of IBM-compatible PCs? ¶
A: Yes, and in the sense that it can be used to type additional characters, symbols and diacritical marks.