diff --git a/Mk/bsd.options.mk b/Mk/bsd.options.mk
--- a/Mk/bsd.options.mk
+++ b/Mk/bsd.options.mk
@@ -569,7 +569,7 @@
 _type=		${target:C/.*://}
 _OPTIONS_${_target}:=	${_OPTIONS_${_target}} ${_prio}:${_type}-${_target}-${opt}-on
 .      endfor
-.    else
+.    elif ! ${_ALL_EXCLUDE:M${opt}}
 .      if defined(${opt}_USE_OFF)
 .        for option in ${${opt}_USE_OFF:C/=.*//:O:u}
 _u=		${option}