Step 1: Use the identity for \( \sec \theta \).
We know that:
\[
\sec^2 \theta = 1 + \tan^2 \theta
\]
Substitute \( \tan \theta = 2 \) into the equation:
\[
\sec^2 \theta = 1 + 2^2 = 1 + 4 = 5
\]
Thus,
\[
\sec \theta = \pm \sqrt{5}
\]
Step 2: Determine the correct sign.
Since \( \theta \) lies in the third quadrant, both \( \sin \theta \) and \( \cos \theta \) are negative, so \( \sec \theta \) must also be negative. Therefore,
\[
\sec \theta = -\sqrt{5}
\]
Step 3: Conclusion.
Thus, the value of \( \sec \theta \) is \( -\sqrt{5} \), corresponding to option (A).