Both $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ are reaching new historical high but their 14 days Relative Strength Index are above 70 indicating they are overbought. With market breadth narrowing and above 70 many are expecting a correction soon. Many stocks are way overbought, so which one should I be shorting through options? Let’s narrow our selection to stocks whose 14 days RSI is above 80 and with market capitalization of above 15 billion. Smaller caps stocks are just too risky. From these criteria, we have: 1. Super Micro Computer 2. Eli Lilly and Co 3. ASML Holdings 4. Spotify Tec