In a Sealed-Bid, Second-Price Auction with Independent Private Values, Risk-Averse

In a sealed-bid, second-price auction with independent private values, risk-averse bidders should:

A) Submit a bid that is equal to what the object is worth to the next highest bidder.
B) Submit a bid that is equal to what he or she believes the object is worth.
C) Submit a bid that is equal to what the object is worth to the average bidder.
D) Submit a bid that is equal to what the object is worth to the lowest bidder.
E) None of the above.