All these codes must be entered in the normal controller settings, otherwise they won't work. Press the following buttons at the storyline screen: C-Left, C-Up, C-Right, C-Down, A, B, B, B, A, A. This code will give you 2 extra options in the options menu: the blue option and the red option.

Blue option:

Level select : ON/OFF
Throwing : ENABLED/DISABLED
Unlimited run: ENABLED/DISABLED
Bloody kombat: ON/OFF
Smoke : ON/OFF
Khameleon : ON/OFF
Red option:

Free play : ON/OFF
Fatality time: ON/OFF
Collision boxes: ON/OFF
One round matches: ON/OFF