The pattern in the question involves moving two alphabets forward for the 1st and 3rd alphabets and two alphabets back for the 2nd and 4th alphabets.
1) Option 1: PRYG
In the word `LOVE`, `L` + 2 = `N`, not `P`. So, this option is incorrect.
2) Option 2: ORTG
While `L` + 2 matches `O`, `O` - 2 does not give `R`, it gives `M`. So, this option is incorrect.
3) Option 3: NPUH
While `L` + 2 matches `N`, `O` - 2 does not give `P`, it gives `M`. So, this option is incorrect.
4) Option 4: ORYH
In the word `LOVE`, `L` + 2 = `N` which does not match `O`, `O` - 2 = `M`, not `R`, `V` + 2 =`X`, not `Y`, and `E` - 2 = `C`, not `H`.
So, this option is also incorrect.