Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering

Is selling put options an advisable strategy for a retiree to generate stable income?
This is a really bad idea. You are asking to be forced to pay for something at a time when you most likely NOT want to buy it. Why? There is no stability (much less any degree of predictability) to give up the right to control when and for how much you would be willing to own the S&P500. Just don't do it....."generate stable income" and "selling puts" is an oxymoron.  ===retired investment advisor