Yes, there are quite a few fields you can add to options. This is an image from one of our How2 articles.
This is the parameters for the weight fields in options that you need to be aware of:
23. Weight: Enter the weight difference between the base product and the variant. This will also use an adjusted weight for the option product so shipping rates are calculated correctly.
24. Weight Type: Select the weight calculation method. If value provided as %(percent) variant weight will be changed by specified percent based on the main product weight. If value provided as fixed it will be used as absolute value for the variant, base product weight will be ignored. e.g. Base product weight is 4 lb, you set the weight to 1 and the weight type is “%”, customer will see 4.04 lb. If the weight type is “Pound”, customer see 1 lb.