Options has been changed in Version 2.9 see Changelog

-------------------------------------------------------------

Many users updating to Fast Dial 2,x are confused when they find that they cannot open Options in Fast Dial in the Addons window.

-------------------------------------------------------------
The reason for there being no Options window in the Addons window is:

The "Options" button in Addons dialog is disabled because now Preferences are specified not globally but per page (folder).

To find Options in Fast Dial 2.x please do the following:

In a FastDial page, Right Clicking on any Thumbnail and selecting Preferences will open the Options Dialog for you.