Dan Nathan spoke on CNBC's "Options Action" about VanEck Vectors Semiconductor ETF SMH. The semiconductor stock could trade lower into the year end, said Nathan.
He suggested a bearish options strategy to make money in case of a potential move lower. Nathan wants to buy the January 102/90 put spread for a total cost of $3. The trade breaks even at $99 or 3.83 percent below the current market price and it can maximally make a profit of $9.
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