Method:1

• Type “regedit” in run command and hit ENTER. A window named REGISTRY EDITOR opens up.
• Find any of the following keys:

User Key:

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

System Key:

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

• Find the VALUE with Value Name as NoFolderOptions, Data Type as REG_DWORD (DWORD Value) and Value Data either as 0 = show options or 1 = hide options. If you see these values, then you can delete it safely.

Method:2

• Press Windows Key +R
• Type gpedit.msc and hit enter
• The ‘Group Policy’ dialog box will appear.
• Navigate to ‘User Configuration’>’Administrative Templates’>’Windows Components’>’Windows Explorer’ Goto Tools>Remove Folder Options>Right Click>Properties>Disable>Apply

Method:3

To enable Folder Options, copy following code,paste it in notepad and save as “folderoptions.reg” file.

Windows Registry Editor Version 5.00  
[HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Policies\Explorer]
"NoFolderOptions"=dword:0000000
[HKEY_CURRENT_USER\Software\Policies\Microsoft\Internet Explorer\Restrictions]
"NoBrowserOptions"=dword:00000000

Double click it and your folder options will be restored.