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%
83.85
−38.2%
16%
125.10
−7.8%
25%
129.38
−4.7%
50% (median)
136.05
+0.2%
75%
142.42
+4.9%
84%
146.16
+7.7%
95%
165.48
+21.9%
MOVE
Move Odds
Up 5% or more (142.50)
25%
Up 10% or more (149.28)
12%
Down 5% or more (128.92)
24%
Down 10% or more (122.14)
12%
Options price a 10%+ drop at 12%, 1.3× the 9.8% 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.