Can a Tokenized Option Contract Itself Be Fractionalized?

Yes, a tokenized option contract, particularly one represented as an NFT (ERC-721), could theoretically be fractionalized. This would allow multiple investors to share the potential payoff and risk of a single, high-value option.

The fractionalized tokens would represent a claim on the contract's final settlement value, increasing the option's liquidity and accessibility.

Can a Tokenized Stock Option Be Represented as an NFT?
Can an NFT Tied to Real-World Assets Be Considered a Security?
Can a Non-Fungible Token (NFT) Be Fractionalized, and What Standard Governs This?
Can a Mining Pool Itself Rent Hashrate to Increase Its Share?
How Does the Valuation of a Fractional NFT Differ from a Tokenized Stock Share?
How Does a “Peer-to-Peer” NFT Lending Protocol Work?
What Are the Tax Implications of Trading Fractionalized NFT Tokens?
What Are the Negative Consequences for a Miner If the Pool Sets the Share Difficulty Too High?