I don't get why it's "-os" myself. Case in point:
-w3d - weak 3D
-wnd - force windowed mode
-nx ### - set nexus to this value (in megabytes)
They all use a similar system. "-os", however, doesn't. "-ns" would make more sense for "no sound". As far as I can hypothesize, the "o" must be relate to the German way to say "no sound". I don't know German so I'm unable to verify this.