Worth Charting ETF Aims 9–12% Returns with 88% OTM Option Edge
WRTH•Worth Charting Options Income ETF launched April 28, 2026, targets 9–12% annual returns with maximum drawdowns under 6% by selling both calls and puts on large-cap stocks. It employs a short strangle of short-dated, out-of-the-money options at least 10% out with an 88% probability of expiring worthless.
1. ETF Launch and Objectives
Worth Charting Options Income ETF began trading on April 28, 2026, with Tidal as sub-advisor. The fund seeks S&P-like annual returns of 9–12%, caps maximum drawdowns under 6% and targets no down years to deliver consistent income for conservative investors.
2. Short Strangle Strategy
Unlike typical option income funds that buy options or sell covered calls, this ETF sells both calls and puts on the same underlying. It focuses on short-dated, out-of-the-money contracts to capitalize on time decay and volatility premiums.
3. Probability-Boosting Filters
The strategy narrows its universe to large-cap stocks and restricts strikes to at least 10% out-of-the-money. These filters raise the odds of options expiring worthless from 75% to approximately 88%, compounding the probability edge.
