how to get selcted option tex code example

Example 1: jqury get selected option

<select id="myselect">
    <option value="1">Mr</option>
    <option value="2">Mrs</option>
    <option value="3">Ms</option>
    <option value="4">Dr</option>
    <option value="5">Prof</option>
</select>

<script>
$( "#myselect option:selected" ).val();
</script>

Example 2: jquery selected option text

$( "#myselect option:selected" ).text();