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%
106.67
−11.0%
16%
115.94
−3.3%
25%
119.40
−0.4%
50% (median)
125.62
+4.8%
75%
131.74
+9.9%
84%
135.12
+12.7%
95%
144.52
+20.6%
MOVE
Move Odds
Up 5% or more (125.87)
49%
Up 10% or more (131.87)
25%
Down 5% or more (113.89)
12%
Down 10% or more (107.89)
5.8%
Options price a 10%+ drop at 5.8%, 1.9× the 3.0% 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.