Check out example codes for "jquery option selected value". It will help you in understanding the concepts better.

Code Example 1

BY LOVE
$('#ddlName option:selected').val();

Code Example 2

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

<script>
  alert($( "#myselect" ).val()); //alert '2'
  //OR
  alert($( "#myselect option:selected" ).attr('value')); //alert '2'
  
  //Use this if you want to get the label and not the value
  alert($( "#myselect option:selected" ).text()); //alert 'Mrs'
</script>

Code Example 3

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

Code Example 4

$('#dropDownId').val();

Code Example 5

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

Code Example 6

var selectedOptionText = $('#mySelectID').find(":selected").text();//selected option text
var selectedOptionVal = $('#mySelectID').find(":selected").val();//selected option value

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