Consider the function$f(n) = \binom{2n}{n}/4^n $
So $f(n+1) = \binom{2n+2}{n+1}/4^{n+1}$
Dividing the two and after solving, we get
$f(n+1)/f(n) = (n+1/2)/(n+1) <1 \forall n>1$
That means $f(1)>f(2)>f(3)...>f(100)$
$\implies f(100)< f(4) = 70/256 < 1/3$
Hence $\textit A$ is the correct answer.