What is the right course of action?

Your answer is correct because in this situation, according to German traffic rules, you must first allow the cyclist to pass. Cyclists going straight or turning right generally have the right of way over vehicles turning left, as indicated by the arrows on the road.

After the cyclist has passed, you may proceed before the motorcycle that is turning left from the opposite direction. This is because you are turning left, and the motorcycle also intends to turn left, but you have priority once the cyclist has cleared the intersection.

The third option is incorrect because the cyclist does not have to allow you to pass; instead, you must give way to the cyclist first.

Understanding this rule will help you correctly determine right of way in intersections involving cyclists, motorcycles, and vehicles turning left in the future.