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Alice and bob can then either do one of 3 (rational!) things - stick to a prior choice, guess their flip result, or guess the opposite of their flip result.

Both of them sticking to prior choice was shown not to work, leaving 8 permutations to investigate at most. But it is easier than that.

I started by assuming Alice will guess her flip result. Looking at the truth table

    A B
    h h :-)
    h t :-(
    t h :-(
    t t :-)
This means the only losing possibilities are when the coins are different. Therefore Bob must guess the opposite of his flip result, to ensure no losing possibilities at all.



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