Who knows, it might work for you. I was new to options back in 2013. For 6 months, mechanically wrote weekly OTM calls on my long term holdings to generate "income". I stopped doing that after totaled up my "income" and compared to buy and hold. IMHO, to come out ahead, you really need to have a correct opinion of the underlying direction and timing.
Nice to meet you Volente. Been at it since 2000. Markets have changed dramatically since then. In some ways it’s easier ... some ways it’s harder.
How do you know they are LONG term successful? Granted, they appear to be very knowledgeable on the topic.
It’s more expensive to play. Back in early 2000’s - while we were coming off a multi decade bear market in commodities..you could buy at the money or just out of the money puts and calls reasonably cheaply. As the bull market took hold, vols rose and it became expensive to play. It’s easier now probably due to liquidity, electronic trading, etc.
I think with a good trading plan the liquidity and ease of trading makes things easier (along with the lower commissions, etc)