Setting up BIOS

This is my setup http://pcpartpicker.com/p/s0il

I have the ASRock Z77 Extreme4.

I am in BIOS right now and I'm not really sure what to do or change. What should I be doing in this? I assume I need to set the boot priorities. I read that I'm supposed to install the OS on the SSD. I can make the #1 or #2 boot options either the optical drive or my HDD. I assume I would make #1 the optical drive because that's where the boot disc will be, right? Why isn't the SSD a boot option?

Any tips on setting this up are appreciated