Failed to read option file

OSM Combiner 1.8 terminates with the below error message??

Path was not found

Time started: Sun Feb 14 09:41:34 CET 2016
Failed to read option file
Number of ExitExceptions: 1
Time finished: Sun Feb 14 09:41:34 CET 2016
Total time taken: 175ms
An error has occurred. Check the log below.