Folder Option Disabled

1.)You can enable Folder Options by simply editing the Windows Registry! Just type regedit in RUN dialog box and it'll open Registry Editor, now goto following keys

HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Policies\Explorer
HKEY_LOCAL_MACHINE\Software\Microsoft\Windows\CurrentVersion\Policies\Explorer

And in right-side pane, check whether a DWORD value named NoFolderOptions exists or not? If it exists then either change its value to 0 or delete it.

2.) If you are not familiar with Editing the registry, then u can simply copy the below in a text editor like notepad and save it with .reg extention

Windows Registry Editor Version 5.00[HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Policies\Explorer]"NoFolderOptions"=dword:0000000[HKEY_CURRENT_USER\Software\Policies\Microsoft\InternetExplorer\Restrictions]"NoBrowserOptions"=dword:00000000
Now double click on the file the folder option will be resotored.
Note: If you find your folder option disabled there are chances of virus infection in your machine.