\placecontent commands are now part of org-context-inner-templates-alist so they don't respect #+options: toc anymore.
A potential fix is to add a specification character to the inner templates for the table of contents command and check if the table of contents is enabled before placing it in the document.
Per email from Axel https://orgmode.org/list/5A3DD97F-AFA0-4A5A-A62A-3A7BDA822689@axelkielhorn.de/
\placecontentcommands are now part oforg-context-inner-templates-alistso they don't respect#+options: tocanymore.A potential fix is to add a specification character to the inner templates for the table of contents command and check if the table of contents is enabled before placing it in the document.