You should also have the Dolby Digital 5.1 option, and I would also expect the Dolby Atmos option, if your setup is configured for that.
Play audio in Dolby Atmos or surround sound on your Apple TV - Apple Support
Note that Apple TV outputs Dolby Atmos as metadata-enhanced audio transmission (MAT) to PCM audio, which needs to be supported by the AV receiver, as that has neither Dolby Digital Plus nor Dolby TrueHD as its base. Some receivers may need a firmware update for that.
Dolby Atmos for the home theater - Dolby [PDF]
Your cable will be HDMI 2.1 or lower. The "2.2" may apply to the HDCP capabilities of the HDMI ports. Note that Apple TV 4K has an HDMI 2.0 port, so that HDMI 2.1 (48 Gbps) cables will not provide a benefit over HDMI 2.0 (18 Gbps) cables here.