What the Micron trade establishes is not that retail can win on options — they sometimes do — but that AI server memory demand has become legible enough as a macro theme that a WSB trader could build a multi-week position around it and articulate the thesis coherently on exit [3]. The cost basis was documented, the thesis was named, and the return was specific. That is a different category of retail AI engagement than meme-driven momentum. The question it opens is whether this represents an isolated read or the…