Customizing pin orientation in Altium schematic library
That's what happens when you refer to tutorials for later versions of software than you're running. It's also not present in Altium 9, which is what we're using for boards. 

It was added in Altium 13. 


  Schematic Pin name/designator position, font and color customization.
  
  The pin name and designator position, font and color can now be customized individually.


So to get that option, contact your sales office for an upgrade (or simply install that CD that's sitting on your credenza)