Carter Worth, Worth Charting

Carter Worth spent 35 years on Wall Street — Value Line, Donaldson Lufkin & Jenrette, and a long series of major sell-side seats — before founding Worth Charting in 2021 to serve the largest institutional capital pools in the world. He's a regular on CNBC's Fast Money, and one of the more recognizable voices in technical analysis still operating at scale.

In this episode, Carter breaks down WRTH — the Worth Charting Options Income ETF — and why selling both sides of an option, instead of buying them or running covered calls, is a structurally different way to generate income. He walks through how the fund stacks four probability filters on top of each other — short-dated, out-of-the-money, large cap only, non-biotech, sold only after outsized earnings moves — to reach approximately 93% odds that the options expire worthless. We also get into why the fund is fundamentally non-directional and bets only on a stock staying in a range for 15 to 20 sessions after a major move, how the cash-secured structure works to manage downside risk, why tail risk from acquisitions is more manageable than most investors assume, and how Carter and his team are thinking about distribution in what he calls the ETF Thunderdome.

Carter also makes the case for why technical analysis is more relevant in a quant-and-AI-dominated market, not less — and why pattern recognition at the chart level is just the original version of what Renaissance was doing with 150 PhDs.