Editted the last two to tidy up.
Yes, I updated to 1.2 and the screenshot posted is dated before the 1.2 bios update was available, nearest I can figure is that they intentionally or accidentally removed those options in the update. I tried windows and instant flash bios update options just to rule out there being any oddness there.
For now, I've emailed ASrock about it, but their tech support is down until next month due to their newyear celebrations. My 4ghz overclock seems stable, the hottest I saw it get was 64c, and an average of 55c.