If I wanted to buy LEAP options for a particular NYSE stock, however they only issue contracts that expire a maximum of 2 years in the future, are there are other alternative securities/contracts that would be equivalent to an option but would allow exposure to that particular asset for 3 years or potentially longer?
You might find warrants or convertible bonds issued by the firm, though those may not be traded on an exchange (i.e. OTC only). What is more likely to be what you want would be buying a FLEX option, which allows up to 15 years to expiry.
I came up with a semi-equivalent solution in case this helps anyone else.
If one buys/shorts the stock using a margin loan, while buying option calls/puts to protect against a rise/drop in stock price it appears provide a similar solution, allowing one to hold the position for longer amounts of time, while adding leverage and limiting exposure.