A northern english term used to describe a better decision. It stems back from when a Bradford City football (soccer) game sold out of seats. The commentator joked about how he would use a blimp to see the awesome match continue before his eyes if he did not have a seat. The other commentator laughed and the term soon became frequent in Bradford City chants and other every-day usage.
Cop 1: FUCK! hes getting away
Cop 2: oh dear lord, hes actually lost us!
Cop 1: if only we had been able to us that damned blimp option..
Cop 2: shit i know man.. i know..
Cop 1: next time ey?
Cop 2: yeah..
A literal example of blue-sky thinking. Choosing an option that is so ridiculous that no one else has thought of it.
Sniper Bob: How are we gonna shoot the hostage-taker when there isn't a tall enough building nearby?
Sniper Joe: Dude, take the blimp option.