'I may not be at home.'
Verified Answer
A. He said he might not be at home.
B. He said I may not be at home.
C. He said he could not be at home.
D. He said he should not be at home.
Explanation:
When converting direct speech with 'may' to indirect speech, 'may' typically changes to 'might' to reflect past possibility. The pronoun 'I' also changes to 'he' to match the reported speaker. So, 'He said he might not be at home' is the correct transformation.