Yours is rendering incompletely for some reason. No such option exists.
Try killing the Watch app (double-click Home to get to the switcher, then swipe the Watch app up and away) and go back into it. If that doesn't do it, restart the phone and see what happens.
[edit] Adding screenshot. This is what you should be seeing.
Ha. Go figure. I thought the minimalistic chrono was cool. Thanks.
[doublepost=1474162478][/doublepost]I killed the app - no change - tried hard reset of phone - also no change.. obviously not a big deal. Interesting - and too bad. I really liked it.