So, I guess the answer to your question of "why can't I" is "good news! you can" :)
More often than not, sorting by "Active", "Oldest" and "Votes" usually surface the same 2 or 3 answers, and I still need to scroll down to the bottom to find out the most recently posted answer that has more up to date info.
I don't see why I shouldn't have the choice to sort by "Reverse Oldest" if you will, when it's so useful a lot of the time.
As someone that's been learning a little JS over the last year, I quickly came to the realization that you skip over the SO links that come up in the search, and you go to one of the many other sites. I've had good luck with w3schools and mdn. SO is a lost cause for JS.
However sometimes I am looking for some error related to a botched nodejs install for example, or something that has to do with permissions being set incorrectly and other stuff that does not live in MDN and other documentation sources.
For the actual language questions I do go directly to MDN instead.
If I search for something related to javascript for example, I know there will be a ton of answers for older versions that I am most likely not interested in. However I can only sort by oldest first (related to date).
Old answers are definitely useful a lot of times, but the fact that there's not even the option to sort them the other way around tells me that SO somehow, at it's core, considers new answers less important.
A strange decision if you ask me, considering software changes so much over time.
If anyone has a possible explanation for this I'd love to hear it.