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%
126.74
−20.8%
16%
141.12
−11.8%
25%
147.67
−7.7%
50% (median)
160.82
+0.5%
75%
173.52
+8.4%
84%
178.57
+11.6%
95%
192.26
+20.1%
MOVE
Move Odds
Up 5% or more (168.02)
35%
Up 10% or more (176.02)
19%
Down 5% or more (152.02)
32%
Down 10% or more (144.02)
20%
Options price a 10%+ drop at 20%, 1.0× the 20% 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.