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Based on the screenshots you provided, it looks like the option to migrate to Premium SSD v2 is not available because the snapshot you created is not compatible with Premium SSD v2 disks. One possible reason for this is that the snapshot was created from a disk that is not compatible with Premium SSD v2 disks. As mentioned in the documentation, Premium SSD v2 disks have certain limitations and requirements, such as being attached to zonal VMs and having a 4k physical sector size.
If the original disk did not meet these requirements, then the snapshot created from it may not be compatible with Premium SSD v2 disks. Another possible reason is that there may be a temporary issue with the Azure portal or the Azure API that is preventing you from selecting the Premium SSD v2 option. In this case, you can try again later or use Azure CLI or PowerShell to create the managed disk. To troubleshoot this issue further, I recommend checking the properties of the original disk and the snapshot to ensure that they meet the requirements for Premium SSD v2 disks. You can also try creating a new snapshot from the original disk and then creating a managed disk from that snapshot to see if the issue persists. I hope this helps! Let me know if you have any further questions.
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