diff --git a/lib/nimble_options.ex b/lib/nimble_options.ex
index 3916edd..7733518 100644
--- a/lib/nimble_options.ex
+++ b/lib/nimble_options.ex
@@ -60,6 +60,19 @@ defmodule NimbleOptions do
           if `type: :integer`, NimbleOptions will use `t:integer/0` as the
           auto-generated type doc.
           """
+        ],
+        type_spec: [
+          type_spec: :any,
+          doc: """
+          The quoted spec to use *in the typespec* for the option item. You should use this
+          when the auto-generated spec is not specific enough. For example, if you are performing
+          custom validation on an option (with the `{:custom, ...}` type), then the
+          generated type spec for that option will always be `t:term/0`, but you can use
+          this option to customize that. The value for this option **must** be a quoted Elixir
+          term. For example, if you have an `:exception` option that is validated with a
+          `{:custom, ...}` type (based on `is_exception/1`), you can override the type
+          spec for that option to be `quote(do: Exception.t())`. *Available since v1.1.0*.
+          """
         ]
       ]
     ]
diff --git a/lib/nimble_options/docs.ex b/lib/nimble_options/docs.ex
index 7cdf411..8361e1d 100644
--- a/lib/nimble_options/docs.ex
+++ b/lib/nimble_options/docs.ex
@@ -171,7 +171,9 @@ defmodule NimbleOptions.Docs do
   def schema_to_spec(schema) do
     schema
     |> Enum.map(fn {key, opt_schema} ->
-      typespec = type_to_spec(opt_schema[:type])
+      typespec =
+        Keyword.get_lazy(opt_schema, :type_spec, fn -> type_to_spec(opt_schema[:type]) end)
+
       quote do: {unquote(key), unquote(typespec)}
     end)
     |> unionize_quoted()
diff --git a/test/nimble_options_test.exs b/test/nimble_options_test.exs
index d4829df..6850b01 100644
--- a/test/nimble_options_test.exs
+++ b/test/nimble_options_test.exs
@@ -72,7 +72,7 @@ defmodule NimbleOptionsTest do
       Reason: \
       unknown options [:unknown_schema_option], \
       valid options are: [:type, :required, :default, :keys, \
-      :deprecated, :doc, :subsection, :type_doc] \
+      :deprecated, :doc, :subsection, :type_doc, :type_spec] \
       (in options [:producers, :keys, :*, :keys, :module])\
       """
 
@@ -1799,6 +1799,18 @@ defmodule NimbleOptionsTest do
       end)
     end
 
+    test "supports overriding specific specs with the :type_spec schema option" do
+      schema = [
+        name: [
+          type: :any,
+          type_spec: quote(do: atom())
+        ]
+      ]
+
+      assert NimbleOptions.option_typespec(schema) ==
+               quote(do: {:name, atom()})
+    end
+
     # TODO: remove check when we depend on Elixir 1.12+
     if Version.match?(System.version(), "~> 1.12") do
       test "ranges with step" do