I know what a GET and a POST are, but it's almost impossible to Google for the word OPTIONS. Here's what I see (i deleted all the stuff at the end) of each:
11/23/11 0:02:13 10.100.0.14 GET /CUpdate2.cshtml _=1322006533495
11/23/11 0:02:13 10.200.0.10 OPTIONS /AssignmentCount _=1322006576798
11/23/11 0:02:13 10.200.0.10 GET /media/faxSound.wav -
11/23/11 0:02:13 10.200.0.10 GET /Star/StarUpdates _=1322006578729
11/23/11 0:02:13 10.100.0.10 GET /CUpdate2.cshtml _=1322006533268
Check out section 9.2 of this W3 Spec:
This blog post is also worth a read.