Step 1: Understanding the Concept
In the cell notation anode then cathode, the left electrode is the anode (oxidation) and the right one is the cathode (reduction). \(E^0_{cell} = E^0_{cathode} - E^0_{anode}\), using reduction potentials.
Step 2: Detailed Explanation
Here Al is the anode and Pb is the cathode.
\[ 1.5 = (-0.14) - E^0_{Al} \]
\[ E^0_{Al} = -0.14 - 1.5 = -1.64 \text{ V} \]
A positive value like +1.64 V (A) would be the oxidation potential, not the reduction potential asked for. Aluminium is more reactive than lead, so a negative reduction potential is expected.
Final Answer:
\(E^0_{Al} = -1.64\) V, option (B).
\[ \boxed{-1.64 \text{ V}} \]