Positions the pivot point of the picked object.
Display the Rotation Pivot as a circle with a dot at the center.
Display the Scaling pivot as an asterisk.
A selection handle moves with the rotation pivot. Turn off this option to allow the selection handle and pivot to be moved independently.
Turning off this option can be useful if you plan to use Toggle Shade on an object. You can put the selection handle outside the object so that you can still click it, while at the same time you want the object to go on rotating and scaling about its center of mass.