if get rid around the problem of folder option missing then follow these simple steps to solve it.

press windowskey+R , then type gpedit.msc 
now goto user configuration > administrative templates>windows component>windows explorer.
click on the windows explorer   u will find  3rd option on the right side of screen “Removes the folder option  menu items from the tools menu “,
just check it if it is not configured then change it to enable by double clicking it after applying again set it to not configured .
restart the windows u will find now.