Alternative elixir put things right (6)

I believe the answer is:

option

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This clue might be a double definition.

'alternative elixir put' is the first definition.
'option' can be an answer for 'put' (thesaurus). I'm not certain of the 'alternative elixir' bit.

'right' is the second definition.
(option is a kind of right)

'things' acts as a link.

Can you help me to learn more?

(Other definitions for option that I've seen before include "Choice, selection" , "Altenative choice" , "Preference" , "Something that may be chosen" , "Potion (anag.)" .)

I've seen this clue in The Irish Times.

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