[Solution by Dr. Abubacker] At maximum height the velocity is horizontal, $v_x=\frac{v_0}{\sqrt2}$, and the height is $H=\frac{v_0^2\sin^2 45^\circ}{2g}=\frac{v_0^2}{4g}$. $|\vec L|=m v_xH=\frac{mv_0^3}{4\sqrt2\,g}$. Since $\vec r$ has positive $x,y$ and $\vec p$ points along $+x$, $\vec r\times\vec p$ points along $-z$. Answer (3).