• SELECT

    CAST(NEWID() AS CHAR(36)),

    CASE CAST( ASCII (SUBSTRING( CAST( NEWID() AS VARCHAR(64)), 1, 1)) AS INT) % 2

    WHEN 0 THEN 'OPTION 1' ELSE 'OPTION 2' END,

    CASE ABS(CHECKSUM(NEWID()) % 2)

    WHEN 0 THEN 'OPTION 1' ELSE 'OPTION 2' END

    FROM (VALUES(0),(1),(2),(3),(4),(5),(6),(7),(8),(9),(10),(11),(12)) r (n)

    Uniqueidentifier CASTS more correctly to a CHAR(36)

    ABS(CHECKSUM(NEWID()) is handy for generating a pseudo-random integer.

    “Write the query the simplest way. If through testing it becomes clear that the performance is inadequate, consider alternative query forms.” - Gail Shaw

    For fast, accurate and documented assistance in answering your questions, please read this article.
    Understanding and using APPLY, (I) and (II) Paul White
    Hidden RBAR: Triangular Joins / The "Numbers" or "Tally" Table: What it is and how it replaces a loop Jeff Moden