They only sell puts on stocks they are willing to own at a 20-30% discount to the current price. On the flip side, they sell covered calls 1-2% above the current price. This "Wheel Strategy" generates a 3-5% monthly return, turning market stagnation into profit.
Many wake up at 5:30 AM for London open, trade until 11 AM, then resume at 9:30 PM for US open. They avoid the “all-day screen stare” that burns out amateurs. They only sell puts on stocks they are