Folder options is not available in the Windows Explorer Tools menu.
Cause: This problem is caused by a group policy.
Solution: Run the attached batch file or do the following:
Click Start, choose Run and execute regedit.
Navigate to: [HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Policies\Explorer]
Look for a value called NoFolderOptions on the right panel
Right click on the NoFolderOptions value and choose delete
Navigate to: [HKEY_LOCAL_MACHINE\Software\Microsoft\Windows\CurrentVersion\Policies\Explorer]
Right click on NoFolderOptions on the right pane and choose Delete
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Subject: no folder option in tools 
Tue Mar 11, 2008 1:59 pm