When writing a put option, what is typically expected by the option writer?

When writing a put option, the expectation for the option writer is to receive a premium payment. This premium represents the income earned for taking on the obligation to purchase the underlying asset (like shares of stock) at the agreed strike price if the option is exercised by the buyer.

The primary intention of the option writer is to profit from the premium while hoping that the market price remains above the strike price of the option at expiration, allowing the put option to expire worthless. Thus, the writer retains the premium without being required to buy the shares.

While there is a potential obligation to buy shares if the option is exercised, the ideal scenario for the writer involves the non-exercise of the option, thereby keeping the premium without acquiring any shares.