I took the scripting route. In the unlikely case that someone else wants this:
Save this autohotkey script somewhere as farr_options.ahk
winwait, ahk_class TOptionsForm
winactivate, ahk_class TOptionsForm
ControlFocus, TTreeView1, ahk_class TOptionsForm
send AL
ControlFocus, TListView1, ahk_class TOptionsForm
send {down}
exitapp
Then create a FARR alias to launch options with something like this in the results field:
FARR options | dolaunch C:\farr_options.ahk ;;; dosearch gooptions
This saves me one second now and then. Some time after 2018 I will have earned back the seconds spent in figuring out the script (reference:
http://xkcd.com/1205/ )