The Raw Device Mapping (RDM) option is grayed out if:
Your storage type does not support RDMs. For more information, see the Comparing Types of Storage section of the vSphere Storage Guide.
There are no available LUNs to be presented to an ESXi host. They may have already been committed to storing VMFS or have already been mapped to other virtual machines as RDMs.
The vCenter Server has an older cache of known devices which can be used for RDMs, not including the intended LUN. Rescan your storage to pick up the changes. For more information, see Performing a rescan of the storage on an ESXi host (308546).
You are using an external shared SAS storage array like the Dell MD32xx. This requires that the checkbox RdmFilter.HbaShared is deselected in order to use a LUN as RDM. This is expected behavior because the RDM filter only applies to Fiber Channel, FCoE and iSCSI.