Which type of options typically have longer expiration dates?

European options are known for typically having longer expiration dates compared to other types of options. This characteristic is significant because European options can often be part of strategies that involve a longer investment horizon. While standard options can have varying expiration dates, European options specifically are structured in a way that they generally allow for a longer duration before they expire, giving investors more time for their investment thesis to play out.

Moreover, although American and exotic options can also have longer durations, they are not defined primarily by this feature like European options are. American options offer the flexibility to be exercised at any time before expiration, which can be advantageous but does not necessarily pertain to expiration length. Exotic options vary widely in structure and expiration but exemplify more complexity in their characteristics, often differing from the traditional definitions associated with standard and American options. Thus, the nature of European options distinctly aligns with the concept of longer expiration timelines.