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Options Corner: SMH Slumps Near 3-Month Lows as Bears Claw into AI Trade

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The VanEck Semiconductor ETF (SMH) is near 3-month lows as sentiment around the AI trade continues to plunge. As Tom White points out, the ETF has still vastly outperformed the S&P 500 (SPX) year-over-year. It's also moving toward a critical support level offering opportunity for a bounce. Tom then takes investors through an example options trade for SMH.

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