Correct choice is (a) Φ=tan^-1\(\frac {V_0}{V_E}\)
To explain: According to blade element theory, When the propeller rotates and advances, the tip traces out helix. Along with this the trailing vortex also traces helix. This angle is measured between the direction of the flow and plane of rotation and is computed using the formula:
Φ=tan^-1\(\frac {V_0}{V_E}\)
Where, V0 is the forward airspeed of the aircraft
VE is the effective resultant velocity.