Optionset Creator is a utility for Dynamics CRM 2011 intended to create and update multiple options to an option set at one go. This is v184.108.40.206 beta for this application.
It can do the following:
1.Ability to create optionset with options given as comma separated values at one go.
2.Ability to create global as well as local optionet.
3.Ability to update multiple optionset values at one go for local as well as global optionset.