When initial test failover on the instance that protected on vCloud site, no "Instances handling after recovery" option display.
According to doc, there are should be 2 options for this step:
-Default
-Expose PITs
VMware Cloud Director Availability 4.7
Expose PITs is designed for the instance which is protected on on-premises site, only default option could implement for vCloud protected instance as well as the option "Instances handling after recovery" will be hidden .