Eve Litman said:
A spin quantum number can have a value of 1/2 or -1/2. I assume that the negative means that these two spins are in opposite directions.
You're not talking about two spins. You're talking about one spin. The two quantum numbers are the two possible measurement results when you measure the spin of a spin-1/2 particle (like an electron) along a particular direction.
Eve Litman said:
Why 1/2, rather than a whole integer?
Now you've opened a real can of worms.

The short answer is that, in quantum mechanics, if we rotate a particle with spin, its quantum state changes, and the "spin" of the particle describes
how it changes. For a 360 degree rotation, the phase of the particle's wave function changes by ##2 \pi## times the spin.
When QM was first discovered, physicists thought that spins could only be integers, which would mean that a complete 360 degree rotation would change the phase by an integer multiple of ##2 \pi##. Since phases are angles, that is the same as not changing the phase at all. But in the 1920s, as more experiments were done to explore the properties of quantum particles like electrons, it became apparent that electrons had a peculiar property: a complete 360 degree rotation multiplied the wave function by ##-1## (instead of ##1##). That corresponds to the phase changing by only ##\pi## for a 360 degree rotation, which means a spin of 1/2.
There is a
lot more here, as I implied above; this subject is really too much for a PF discussion. But the above is the gist of it.
Eve Litman said:
Are there SI base units associated with that unit?
The SI units of spin are the SI units of Planck's constant.