Have to look at Fair value, since we rallied hard, the futures are down, its wierd, i should know but dont.
Aside from that... lots of calls right? I wrote quite a few calls this week.
I really hope you are wrong. =) And typically if more calls out there, means bullish. Got to look at individual stocks, and where most of the options interest is at.
I work with a former options market maker at the philex for over 20 years... it is not as "rigged" as you think it is.