If you have selected the WPBakery Page Builder type for your portfolio item, then there will be no extra Portfolio options for it. This type of portfolio will work as a page where you can use all the page builder elements while if you want to use WPBakery Page Builder plugin with other types of portfolio, you can’t and you will have to choose the WPBakery Page Builder type to make it work.
WPBakery Page Builder Portfolio Item Type
Below you can see a Visual Composer portfolio item type in action, you can change your layout by using the VC options from where you can express your creativity.