The Valsalva maneuver is used to expel more than the usual tidal volume from the lungs. So the answer is the second option.
The Valsalva maneuver is a forceful attempt to exhale against a closed airway, which can increase pressure in the chest and abdomen. This pressure can help to clear mucus from the airways, aid in defecation and urination, and push hernias back into place and can also be used to clear carbon monoxide from the body and replace it with oxygen, but this is not a typical use of the maneuver.
The Valsalva maneuver is performed by closing the mouth and pinching the nose shut while forcefully trying to exhale. This creates a pressure differential between the lungs and the external environment.