diff --git a/discord/ext/commands/converter.py b/discord/ext/commands/converter.py
index feff650d..bbef6719 100644
--- a/discord/ext/commands/converter.py
+++ b/discord/ext/commands/converter.py
@@ -1032,6 +1032,8 @@ class Option(Generic[T, DT]):  # type: ignore
         The default for this option, overwrites Option during parsing.
     description: :class:`str`
         The description for this option, is unpacked to :attr:`.Command.option_descriptions`
+    name: :class:`str`
+        The name of the option. This defaults to the parameter name.
     """
 
     description: DT
@@ -1039,16 +1041,20 @@ class Option(Generic[T, DT]):  # type: ignore
     __slots__ = (
         "default",
         "description",
+        "name",
     )
 
-    def __init__(self, default: T = inspect.Parameter.empty, *, description: DT) -> None:
+    def __init__(
+        self, default: T = inspect.Parameter.empty, *, description: DT, name: str = discord.utils.MISSING
+    ) -> None:
         self.description = description
         self.default = default
+        self.name: str = name
 
 
 if TYPE_CHECKING:
     # Terrible workaround for type checking reasons
-    def Option(default: T = inspect.Parameter.empty, *, description: str) -> T:
+    def Option(default: T = inspect.Parameter.empty, *, description: str, name: str = discord.utils.MISSING) -> T:
         ...
 
 
diff --git a/discord/ext/commands/core.py b/discord/ext/commands/core.py
index 42ef5ff9..3d6a9631 100644
--- a/discord/ext/commands/core.py
+++ b/discord/ext/commands/core.py
@@ -174,8 +174,12 @@ def get_signature_parameters(
         annotation = parameter.annotation
         if isinstance(parameter.default, Option):  # type: ignore
             option = parameter.default
-            descriptions[name] = option.description
             parameter = parameter.replace(default=option.default)
+            if option.name is not MISSING:
+                name = option.name
+                parameter.replace(name=name)
+
+            descriptions[name] = option.description
 
         if annotation is parameter.empty:
             params[name] = parameter
@@ -1284,7 +1288,11 @@ class Command(_BaseCommand, Generic[CogT, P, T]):
 
             elif all([arg in application_option_channel_types for arg in annotation.__args__]):
                 option["type"] = 7
-                option["channel_types"] = [discord_value for arg in annotation.__args__ for discord_value in application_option_channel_types[arg]]
+                option["channel_types"] = [
+                    discord_value
+                    for arg in annotation.__args__
+                    for discord_value in application_option_channel_types[arg]
+                ]
 
         elif origin is Literal:
             literal_values = annotation.__args__