There is a fourth option (to young-earth Creationism, traditional Evolution, & ID) it is known as Theistic Evolution. It is not a "God in the gaps" theory. Kind of complex to go into depth here, but simply put that evolution is the vehicle God created to activate creation, he didn't need to step in from time to time and change things, before time, all events were set in motion.
That is, I understand, the teaching of the Catholic Church, and of many Protestant denominations. It was what I learned as a child in an Orthodox Jewish religious school, and is what most Jewish authorites teach today.
Consider the following.
1. God created by establishing the law of evolution. (Theistic evolution)
2. God has revealed himself to his people through the Holy Bible. (Surely the Lord God will do nothing unless He reveals it to His servants the prophets.)
3. God clearly discusses origins of life and of species in the Bible.
4. Therefore, God has placed clear indicators of His law of evolution in the Holy Bible.
Unfortunately, #4 is not true. It is not there. Even though the subject is discussed, there is no revelation of the Law of Evolution in the Holy Bible.
It makes me suspicious of theistic evolution.