These MSDN article, provide the code and examples for working with Global Option Sets
http://msdn.microsoft.com/en-us/library/gg509056.aspx
http://msdn.microsoft.com/en-us/library/gg509023.aspx
If you want to convert your local to global, check this out:
If you want to create Local Option Sets (the example is in javascript, but the same requests exist in the C# library):
http://mileyja.blogspot.com/2011/03/working-with-optionset-values-in.html