This work proposes to use optimal control theory to derive time-dependent lake liming strategies for a tighter control of lake pH. Since the behavior of the freshwater ecosystems such as lakes is often associated with considerable uncertainties, a robust and realistic analysis should incorporate such uncertainties. This work models the time-dependent uncertain variations in the basic lake pH value and derives the liming profiles in the presence of such seasonal pH fluctuations. Established techniques from real options theory are employed for modeling the uncertainty as a stochastic process, and stochastic optimal control is used for deriving liming profiles.