Step 1: Midpoint idea:
The diagonals of a parallelogram bisect each other. So $\overline{OB}$ and $\overline{OC}$ are the half-sum and half-difference of the diagonal vectors, in the right order.
Step 2: Compute:
$\overline{OB} = (-1, 1, 2)$ and $\overline{OC} = (2, 1, 4)$.
Step 3: Expand the determinant along the first row:
$1\cdot(1\cdot4 - 2\cdot1) - 2\cdot((-1)\cdot4 - 2\cdot2) + 3\cdot((-1)\cdot1 - 1\cdot2) = 2 + 16 - 9 = 9$. The volume is the absolute value, 9.
Final Answer:
The volume is 9, option (C).
\[ \boxed{9\text{ cubic units}} \]