Fake Steve on Reloading Options

Fake Steve Jobs is still one of my favorite blogs. I read his book over the holidays and it was good, not "Best Ever", but a solid read. He's on fire with this market collapse though. Here is a great post related to loading up the options of Apple's Management (Fake Management) with lower strike prices because the market is down.

My favorite line:

I think this might be a golden opportunity for a handful of top insiders to make some quick money. Ideally we'd like to see the stock get down below $100. Keep your fingers crossed! Daddy needs a bigger jet.