diff --git a/build/Common.nonprod.props b/build/Common.nonprod.props
index 627f240521..7e5700a3f8 100644
--- a/build/Common.nonprod.props
+++ b/build/Common.nonprod.props
@@ -22,6 +22,7 @@
     -->
     <BenchmarkDotNetPkgVer>[0.13.12,0.14)</BenchmarkDotNetPkgVer>
     <DotNetXUnitCliVer>[2.3.1,3.0)</DotNetXUnitCliVer>
+    <MicrosoftExtensionsHostingPkgVer>8.0.0</MicrosoftExtensionsHostingPkgVer>
     <MicrosoftNETTestSdkPkgVer>[17.9.0,18.0)</MicrosoftNETTestSdkPkgVer>
     <OpenTelemetryExporterInMemoryPkgVer>$(OpenTelemetryCoreLatestVersion)</OpenTelemetryExporterInMemoryPkgVer>
     <OpenTelemetryExporterInMemoryLatestPreReleasePkgVer>$(OpenTelemetryCoreLatestPrereleaseVersion)</OpenTelemetryExporterInMemoryLatestPreReleasePkgVer>
diff --git a/build/Common.props b/build/Common.props
index de509382d6..68e36b8237 100644
--- a/build/Common.props
+++ b/build/Common.props
@@ -33,8 +33,7 @@
     <MicrosoftExtensionsConfigurationBinderPkgVer>[8.0.1,)</MicrosoftExtensionsConfigurationBinderPkgVer>
     <MicrosoftExtensionsHostingAbstractionsPkgVer>[2.1.0,5.0)</MicrosoftExtensionsHostingAbstractionsPkgVer>
     <MicrosoftExtensionsConfigurationPkgVer>8.0.0</MicrosoftExtensionsConfigurationPkgVer>
-    <MicrosoftExtensionsOptionsPkgVer>[3.1.0,)</MicrosoftExtensionsOptionsPkgVer>
-    <MicrosoftExtensionsOptions8PkgVer>8.0.0</MicrosoftExtensionsOptions8PkgVer>
+    <MicrosoftExtensionsOptionsPkgVer>8.0.0</MicrosoftExtensionsOptionsPkgVer>
     <MicrosoftNETFrameworkReferenceAssembliesPkgVer>[1.0.3,2.0)</MicrosoftNETFrameworkReferenceAssembliesPkgVer>
     <MicrosoftOwinPkgVer>[4.2.2,5.0)</MicrosoftOwinPkgVer>
     <MicrosoftPublicApiAnalyzersPkgVer>[3.11.0-beta1.23525.2]</MicrosoftPublicApiAnalyzersPkgVer>
diff --git a/src/OpenTelemetry.Instrumentation.AspNetCore/OpenTelemetry.Instrumentation.AspNetCore.csproj b/src/OpenTelemetry.Instrumentation.AspNetCore/OpenTelemetry.Instrumentation.AspNetCore.csproj
index b9e902ba43..9d74ddfd9c 100644
--- a/src/OpenTelemetry.Instrumentation.AspNetCore/OpenTelemetry.Instrumentation.AspNetCore.csproj
+++ b/src/OpenTelemetry.Instrumentation.AspNetCore/OpenTelemetry.Instrumentation.AspNetCore.csproj
@@ -38,8 +38,8 @@
   <ItemGroup Condition="'$(TargetFrameworkIdentifier)' != '.NETCoreApp'">
     <PackageReference Include="Microsoft.AspNetCore.Http.Abstractions" Version="[2.1.1,6.0)" />
     <PackageReference Include="Microsoft.AspNetCore.Http.Features" Version="[2.1.1,6.0)" />
-    <PackageReference Include="Microsoft.Extensions.Configuration" Version="8.0.0" />
-    <PackageReference Include="Microsoft.Extensions.Options" Version="8.0.0" />
+    <PackageReference Include="Microsoft.Extensions.Configuration" Version="$(MicrosoftExtensionsConfigurationPkgVer)" />
+    <PackageReference Include="Microsoft.Extensions.Options" Version="$(MicrosoftExtensionsOptionsPkgVer)" />
     <PackageReference Include="System.Text.Encodings.Web" Version="4.7.2" />
   </ItemGroup>
 
diff --git a/src/OpenTelemetry.Instrumentation.EntityFrameworkCore/CHANGELOG.md b/src/OpenTelemetry.Instrumentation.EntityFrameworkCore/CHANGELOG.md
index 0d736121d2..b01ae4472d 100644
--- a/src/OpenTelemetry.Instrumentation.EntityFrameworkCore/CHANGELOG.md
+++ b/src/OpenTelemetry.Instrumentation.EntityFrameworkCore/CHANGELOG.md
@@ -4,6 +4,8 @@
 
 * Update OpenTelemetry SDK version to `1.8.1`.
   ([#1668](https://github.com/open-telemetry/opentelemetry-dotnet-contrib/pull/1668))
+* Update `Microsoft.Extensions.Options` to `8.0.0`.
+  ([#1830](https://github.com/open-telemetry/opentelemetry-dotnet-contrib/pull/1830))
 
 ## 1.0.0-beta.11
 
diff --git a/src/OpenTelemetry.Instrumentation.Hangfire/CHANGELOG.md b/src/OpenTelemetry.Instrumentation.Hangfire/CHANGELOG.md
index 2aacd745b6..b8e7a9a387 100644
--- a/src/OpenTelemetry.Instrumentation.Hangfire/CHANGELOG.md
+++ b/src/OpenTelemetry.Instrumentation.Hangfire/CHANGELOG.md
@@ -7,6 +7,8 @@
 * Update `OpenTelemetry.Api.ProviderBuilderExtensions` to `1.8.1`.
   * Update `OpenTelemetry.Api` to `1.8.1`.
   ([#1668](https://github.com/open-telemetry/opentelemetry-dotnet-contrib/pull/1668))
+* Update `Microsoft.Extensions.Options` to `8.0.0`.
+  ([#1830](https://github.com/open-telemetry/opentelemetry-dotnet-contrib/pull/1830))
 
 ## 1.6.0-beta.1
 
diff --git a/src/OpenTelemetry.Instrumentation.Http/OpenTelemetry.Instrumentation.Http.csproj b/src/OpenTelemetry.Instrumentation.Http/OpenTelemetry.Instrumentation.Http.csproj
index d64d96feb9..b4124d8df7 100644
--- a/src/OpenTelemetry.Instrumentation.Http/OpenTelemetry.Instrumentation.Http.csproj
+++ b/src/OpenTelemetry.Instrumentation.Http/OpenTelemetry.Instrumentation.Http.csproj
@@ -35,7 +35,7 @@
   <ItemGroup>
     <Reference Include="System.Net.Http" Condition="'$(TargetFramework)' == '$(NetFrameworkMinimumSupportedVersion)'" />
     <PackageReference Include="Microsoft.Extensions.Configuration" Version="$(MicrosoftExtensionsConfigurationPkgVer)" />
-    <PackageReference Include="Microsoft.Extensions.Options" Version="$(MicrosoftExtensionsOptions8PkgVer)" />
+    <PackageReference Include="Microsoft.Extensions.Options" Version="$(MicrosoftExtensionsOptionsPkgVer)" />
     <PackageReference Include="OpenTelemetry.Api.ProviderBuilderExtensions" Version="$(OpenTelemetryCoreLatestVersion)" />
   </ItemGroup>
 
diff --git a/src/OpenTelemetry.Instrumentation.SqlClient/OpenTelemetry.Instrumentation.SqlClient.csproj b/src/OpenTelemetry.Instrumentation.SqlClient/OpenTelemetry.Instrumentation.SqlClient.csproj
index 7c6211b265..1ab0a99303 100644
--- a/src/OpenTelemetry.Instrumentation.SqlClient/OpenTelemetry.Instrumentation.SqlClient.csproj
+++ b/src/OpenTelemetry.Instrumentation.SqlClient/OpenTelemetry.Instrumentation.SqlClient.csproj
@@ -30,7 +30,7 @@
   </ItemGroup>
 
   <ItemGroup>
-    <PackageReference Include="Microsoft.Extensions.Options" Version="$(MicrosoftExtensionsOptions8PkgVer)" />
+    <PackageReference Include="Microsoft.Extensions.Options" Version="$(MicrosoftExtensionsOptionsPkgVer)" />
     <PackageReference Include="OpenTelemetry.Api.ProviderBuilderExtensions" Version="$(OpenTelemetryCoreLatestVersion)" />
   </ItemGroup>
 
diff --git a/src/OpenTelemetry.Instrumentation.StackExchangeRedis/CHANGELOG.md b/src/OpenTelemetry.Instrumentation.StackExchangeRedis/CHANGELOG.md
index 848b28bc53..e63e226fb9 100644
--- a/src/OpenTelemetry.Instrumentation.StackExchangeRedis/CHANGELOG.md
+++ b/src/OpenTelemetry.Instrumentation.StackExchangeRedis/CHANGELOG.md
@@ -4,6 +4,8 @@
 
 * Update `OpenTelemetry.Api.ProviderBuilderExtensions` version to `1.8.1`.
   ([#1668](https://github.com/open-telemetry/opentelemetry-dotnet-contrib/pull/1668))
+* Update `Microsoft.Extensions.Options` to `8.0.0`.
+  ([#1830](https://github.com/open-telemetry/opentelemetry-dotnet-contrib/pull/1830))
 
 ## 1.0.0-rc9.14
 
diff --git a/test/OpenTelemetry.Extensions.Enrichment.Tests/OpenTelemetry.Extensions.Enrichment.Tests.csproj b/test/OpenTelemetry.Extensions.Enrichment.Tests/OpenTelemetry.Extensions.Enrichment.Tests.csproj
index 84863e9115..c7400ad0a6 100644
--- a/test/OpenTelemetry.Extensions.Enrichment.Tests/OpenTelemetry.Extensions.Enrichment.Tests.csproj
+++ b/test/OpenTelemetry.Extensions.Enrichment.Tests/OpenTelemetry.Extensions.Enrichment.Tests.csproj
@@ -8,7 +8,7 @@
   </PropertyGroup>
 
   <ItemGroup>
-    <PackageReference Include="Microsoft.Extensions.Hosting" Version="$(MicrosoftExtensionsOptionsPkgVer)" />
+    <PackageReference Include="Microsoft.Extensions.Hosting" Version="$(MicrosoftExtensionsHostingPkgVer)" />
     <PackageReference Include="OpenTelemetry.Extensions.Hosting" Version="$(OpenTelemetryCoreLatestVersion)" />
     <PackageReference Include="OpenTelemetry.Exporter.InMemory" Version="$(OpenTelemetryCoreLatestVersion)" />
   </ItemGroup>
diff --git a/test/OpenTelemetry.Instrumentation.Cassandra.Tests/OpenTelemetry.Instrumentation.Cassandra.Tests.csproj b/test/OpenTelemetry.Instrumentation.Cassandra.Tests/OpenTelemetry.Instrumentation.Cassandra.Tests.csproj
index 3485ccbfe1..7bcac9f8e7 100644
--- a/test/OpenTelemetry.Instrumentation.Cassandra.Tests/OpenTelemetry.Instrumentation.Cassandra.Tests.csproj
+++ b/test/OpenTelemetry.Instrumentation.Cassandra.Tests/OpenTelemetry.Instrumentation.Cassandra.Tests.csproj
@@ -9,7 +9,7 @@
   <ItemGroup>
     <PackageReference Include="OpenTelemetry.Extensions.Hosting" Version="$(OpenTelemetryCoreLatestVersion)" />
     <PackageReference Include="OpenTelemetry.Exporter.InMemory" Version="$(OpenTelemetryExporterInMemoryPkgVer)" />
-    <PackageReference Include="Microsoft.Extensions.Hosting" Version="$(MicrosoftExtensionsOptionsPkgVer)" />
+    <PackageReference Include="Microsoft.Extensions.Hosting" Version="$(MicrosoftExtensionsHostingPkgVer)" />
   </ItemGroup>
 
 
diff --git a/test/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests.csproj b/test/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests.csproj
index b980538962..12b74df91b 100644
--- a/test/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests.csproj
+++ b/test/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests/OpenTelemetry.Instrumentation.StackExchangeRedis.Tests.csproj
@@ -20,6 +20,6 @@
   <ItemGroup>
     <PackageReference Include="OpenTelemetry.Extensions.Hosting" Version="$(OpenTelemetryCoreLatestVersion)" />
     <PackageReference Include="OpenTelemetry.Exporter.InMemory" Version="$(OpenTelemetryExporterInMemoryPkgVer)" />
-    <PackageReference Include="Microsoft.Extensions.Hosting" Version="$(MicrosoftExtensionsOptionsPkgVer)" />
+    <PackageReference Include="Microsoft.Extensions.Hosting" Version="$(MicrosoftExtensionsHostingPkgVer)" />
   </ItemGroup>
 </Project>