I see there are experiments on options in Bitcoin, but I don't see it being trustworthy enough yet, so no. I did want to get options at times, but the offers I checked at the time weren't to be taken serious.
Frankly, I don't trust this polimedia site. They offer me 800 puts this month at 3.5 BTC for 12 BTC or so, executable any time? Sounds like a scam, either they won't pay either way or they'll just say "lol I'm bankrupt" at the first unforeseen event.
No, it's trustworthy. The guy behind it, mircea_popescu, is a regular at #bitcoin-otc and has a good rating on the web of trust. I've bought options from him and it was all smooth, despite the rather arcane purchasing process.
The pricing is in USD, so when you see a put at 3.5 that means it's a put at $3.50, which is understandably very cheap. I'm not sure what a put in BTC would mean...
However, to avoid dealing in USD at all, he quotes prices in USD and then settles transactions in BTC at the current (24h-averaged) market rate.
Now if only we had a good place to sell options, too
doing it over the counter with people is fine, but it's kind of annoying, especially when most people in the community have no clue what an option is, let alone an idea of when it makes sense to buy/sell one