I keep getting the following error "We can't find the correct organization-wide default sharing setting for Opportunity".

On the last step of Control What Your Users Can Access:

• Configure organization-wide defaults:
  • Account and Contract: Visible but not editable for all users.
  • Opportunity: Visible only to record owners and users higher in the role hierarchy.

I have tried every selection possible and I still get the error message.  For my choices, I do not see anything about record owners and I cannot change the access using Hierarchies.

What am I doing wrong?