Best way to save and apply template to a widget
I am working on a SAAS project where users create widgets to their websites. One of their abilities is to create a messaging template and apply it to their widgets.
When saving a template, the user can name the template and apply it to one or several of their widgets.
Now the problem I am facing is how to save and apply the template.
Option 1: Single button "Save & Apply" which opens a modal where the user types in the name of the template and a drop down of his widgets to apply
Option 2:
Two buttons - Save Draft and apply
Each one of the buttons will open a modal:
Save draft - The user will name his template and it will be saved without being applied to the widgets
Apply - The user will apply the template he is currently working on to a single or several widgets.
Which way is most correct?