Wrong- Ouch!

The indexes smashed up >6% in concert this week as banks' grubby profits soared-as of course they will being bulletproof and beyond the law.
I had sold 4300 calls on monday- F opened at 4127, and the index was up 60 then faded. My selling price for the 4300 calls was 12.5- well the price dropped to 8-9, and I was thinking that I have 20 years of stats that tell me that 4300 is a safe level.
The market was obviously hit by a freakin' tsunami of cash at about 3.30 on monday, and to quote a friend it was a 'key reversal day'.
While manipulation is how markets work to favour the few who have the funds to do such things, usually it is tradeable.
The fact that the world and his wife had spotted a head and shoulders formation on DOW seemed to wake up the sidelined cash, and the banksters duly waded in all guns blazing, ensuring max. pain for a great many.
Anyway I was the one thing I am not supposed to be - a forced buyer. The calls went to 93 as I closed out before expiry when it became apparent they were gunning for 4400.
So twice recently we have seen the market on the brink of a big down move, and magically it smashes up. It makes it impoossible to quantify risk, but it's not a problem to limit risk. I shall be looking at selling spreads in iron condors initially, but also looking at Xmas trees as credit trades.
Meanwhile http://www.zerohedge.com/article/max-keiser-goldman-sachs-are-scum
Max is my new hero- we all know the banks own Obama and Broon, so it is nauseating to see them pretend they wield any real power over the financial behemoths. Regulation? not in the banks' vocabulary.