Invalid option '%1' -- no PUBLIC setting exists

Error constant SQLE_INVALID_OPTION
ODBC 2 State 37000
ODBC 3 State 42000
Parameter 1 Name of the invalid option.
Severity 15
SQLCODE –200
SQLSTATE 42W16
Sybase error code 155
Probable cause

You may have misspelled the name of an option in the SET OPTION statement. You can only define an option for a user if the database administrator has supplied a PUBLIC value for that option.