Both good questions Geoff. I believe that VeCrea was referring to the 'Options' icon in the top right hand corner that when clicked displays the Configuration options when you select your Component from the Admin back end. This should be visible if you have included the Author Wizard in your Table.
See:
So, on the back end any 'Views' (or pages
that reference a Table with the Author wizard field should have the 'Options' icon. It's purpose is to then show Configuration options and allow you to define via 'Permissions' - and this is the key. Who can do What and Where.. (Access Control Lists).
See:
In my example above, Registered users to my site (Component) can Create, View, and Edit records.
I hope that makes sense? If not, just ask and we'll help you out.
Regards,
Edward.