The color correct option only pops up if the video was shot 100 percent in Pro Video mode with the Log toggle switched on Try updating your Samsung Gallery app from the Galaxy Store manually because a quick software patch might have hidden the edit suggestion link.
As per your query, we request you kindly perform the below steps:-
Select the LOG video > select edit button > select 4th button (Tone) > Focus is on LUT (swipe left to select correct color - Standard etc - depends on device ) > select Save copy to save the video.
