My guess is thus that "SDIO/SPI" boot option is for "SDIO" or "SPI-Slave" Mode, and "Flash Boot" is for "Standalone Mode" SPI Master Mode booting from Flash (default mode), unless GPIO0 is driven low, triggering the "UART Download" Mode to program the SPI Flash chip.
So, I don't think the ESP8266 has internal Flash memory, only OTP and/or ROM and RAM for both data and instructions.
But I may be wrong!