is there any option in the engine that lets me make a day and night cycle if so were can i find it and if not is there anyway possible that i could make it happen?
It is entirely possible. You would have to use Blueprints to create it. Here is a detailed written tutorial that should help you: A new, community-hosted Unreal Engine Wiki - Announcements - Epic Developer Community Forums and a video tutorial too: Unreal Engine 4: Day night cycle using Blueprint. - YouTube