As Niels van Reijmersdal already answered, the error in question is due to the fact that the element you are trying to automate is a label(a static element that just displays text) and it is not a select element or even an input element which you can interact with.
Therefore, both the codes you used would throw some error since you are trying to input in a label field.
Another point I would like to add is,
from the HTML for the label, I can see that it is a label for an element with id 'options'. I guess that might be the Select element you are trying to automate.
This code might work in your case but you need to provide some more code, at least for the element with the id='options' for us to be able to help.
Select hr=new Select(driver.findElement(By.id("options")));