diff --git a/README.md b/README.md
index 610f2cb..1f4fc24 100644
--- a/README.md
+++ b/README.md
@@ -218,6 +218,8 @@ The following methods are available on the object returned by `picoModal`:
 * __close__: Hides the modal
 * __forceClose__: Hides the modal without calling the beforeClose events
 * __destroy__: Detaches all DOM Nodes and unhooks this modal
+* __options__: Updates the options for this modal. This will only let you
+  change options that are re-evaluted regularly, such as `overlayClose`.
 * __afterCreate__: Registers a callback to invoke when the modal is created
 * __beforeShow__: Registers a callback to invoke before the modal is shown
 * __afterShow__: Registers a callback to invoke when the modal is shown
diff --git a/src/picoModal.js b/src/picoModal.js
index ff77c96..3086bd3 100644
--- a/src/picoModal.js
+++ b/src/picoModal.js
@@ -190,7 +190,11 @@
                 opacity: 0.5,
                 background: "#000"
             }))
-            .onClick( getOption('overlayClose', true) ? close : function(){} );
+            .onClick(function () {
+                if ( getOption('overlayClose', true) ) {
+                    close();
+                }
+            });
     }
 
     /** Builds the content of a modal */
@@ -373,6 +377,15 @@
                 closeElem = undefined;
             },
 
+            /**
+             * Updates the options for this modal. This will only let you
+             * change options that are re-evaluted regularly, such as
+             * `overlayClose`.
+             */
+            options: function ( opts ) {
+                options = opts;
+            },
+
             /** Executes after the DOM nodes are created */
             afterCreate: returnIface(afterCreateEvent.watch),