The correct option is B Metaphor
'Metaphor' is a literary device / figure of speech in which a word or a phrase is given / applied to an action, object or event where it is not literally applicable. In simpler terms, a metaphor is a comparison that is drawn between two completely unrelated things. In this case, the speaker's dog has been compared to an acrobat due to how it runs around and frolics like one, which cannot be literally true. Thus, the correct answer is Option B) - Metaphor. All the remaining options are also literary devices, but they have not been used in the given sentence.