Well the title doesn't really help or harm SEO since Google does not use it, normally the title will be used to label links but doesn't necessary mean you can't use it on other elements that are not links as it still validates using W3C.
Link TITLE attribute for SEO: title attribute carries no weight on
search engines (per my experience and based on other SEO’s opinion).
A couple of years ago, Googlers confirmed they did not use TITLE
attribute in the algorithm because it was used too seldom.
<p>I am the content of the Search Options</p>