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%
342.53
−15.1%
16%
370.97
−8.0%
25%
382.69
−5.1%
50% (median)
405.43
+0.5%
75%
428.51
+6.2%
84%
440.83
+9.3%
95%
474.29
+17.6%
MOVE
Move Odds
Up 5% or more (423.51)
30%
Up 10% or more (443.67)
14%
Down 5% or more (383.17)
25%
Down 10% or more (363.01)
12%
Options price a 10%+ drop at 12%, 0.7× the 16% 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.