jquery retrive option value by text code example
Example 1: jquery get selected option value
var selectedOptionText = $('#mySelectID').find(":selected").text();
var selectedOptionVal = $('#mySelectID').find(":selected").val();
Example 2: 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>