Looks like some funds are dumping. Option interest at $65 is only 2700 compared to over 11000 at $70, so I don't think its options pinning. Possibly it could concern new laws for work visas or temp workers. CTSH raised their guidance but maybe not as much as expected. End of day should tell. $62-63 should hold - looking to sell 62.50 Puts.
options expire next week? they were at a investment conference yesterday. Usually companies talk about good things, maybe something was said to suggest tougher or uncertain times ahead. Figure the visa problem was baked into the stock by now as well.. don't know, whatever case looks ugly. Damn.