I doubt that pro traders are buying simple calls and puts like WSB. But selling them those options when groupthink takes over might be profitable, indeed.
Most pro traders aren't really selling options either unless they're a market makers, in which case they're hedging with stock so as to remain delta neutral.
Pro traders use options to reduce risk via hedging. It's meant to be an insurance policy to protect holdings in the underlying. Buy $10M of ABC stock and insure it with $100,000 of ABC put contracts. Of course, it was quickly turned into a high risk/high leverage speculative vehicle by gamblers.
It’s akin to trying to get seated at the poker table with a terrible player. It’s not because you want to emulate their play, but rather you want to be in the game with them.
In the r/investing sub you can find links to others as well.
I do think it’s hilarious how much credit WSB gets in the press. A very few have made millions. The rest have collectively lost countless millions. If sophisticated firms are now analyzing the actions of WSB members, they just became even more the fish in a barrel.