To solve this question, we need to identify the word that does not fit with the others based on their meanings.
As we can see, the first three words (lampoon, satire, and ridicule) are associated with making fun or criticizing something. On the other hand, a parable is a short story with a moral or spiritual lesson, and it is used for teaching, not for ridicule. Therefore, the odd word out is parable.
This item tests understanding of near-synonyms built around mockery versus a word about storytelling.
Since lampoon, satire and ridicule all describe ways of mocking or criticizing, while parable describes a teaching story, parable is the odd one out, option D.