Shaded band: the middle 68% of outcomes. Where the blue curve sits above the dashed one, options price that move as likelier than a plain bell curve would.
TGT
Target Price
PCTL
Percentiles
Chance below
Price
vs spot
5%
524.39
−18.8%
16%
580.00
−10.2%
25%
598.84
−7.3%
50% (median)
635.12
−1.6%
75%
673.81
+4.4%
84%
695.37
+7.7%
95%
752.98
+16.6%
MOVE
Move Odds
Up 5% or more (678.01)
23%
Up 10% or more (710.29)
12%
Down 5% or more (613.43)
34%
Down 10% or more (581.15)
16%
Options price a 10%+ drop at 16%, 1.0× the 17% a bell curve with the same volatility gives.
Risk-neutral odds from option prices, the bot's lgf odds method: out-of-the-money mids → implied vols → a smoothed smile in total variance → density = erT·∂²C/∂K² (Breeden–Litzenberger). Risk-neutral odds include the market's risk premium, so they lean bearish compared with real-world odds. Not investment advice.