I think C is the correct answer, he is a 'skilled risk taker' most of the time. He was fooled only once, in that incident with the frog, but otherwise he always wins everything he competes in.
From the metaphor we take that Odysseus is an expert archer.
The wife is old, ugly and lowborn. Even the knight tells it to her on their wedding night. It is also decadent for the knight who might have been wed to a beautiful woman. Therefore, the woman is really careful and shrewd. Using her wiles she tries to make the knight marry her.