Folder Link Edit Permission not available

Occasional Visitor

We currently experience issues with creating share links for folders in SharePoint.

The following option is not available but we don't understand why this is:


Share settings for Sharepoint are set like this:


We assumed that since we set the Option for Folders to: "View, edit and upload" the option above should be available.


Is there anything we missed settings whise?


Thanks in advance for any help.

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