AxWindowsMediaPlayer - how to set video border color programmatically

Question

if you play video using Windows Media Player, there is an option "Video border color" in "Options"\"Performance". Default color is black.

How can I set color to white programmatically, when using AxWindowsMediaPlayer component in WinForms?

Prereq: .NET 4.0, WMP 12 for Windows 7

Thanks a lot