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%
169.29
−44.9%
16%
246.98
−19.6%
25%
267.81
−12.8%
50% (median)
302.91
−1.4%
75%
338.67
+10.2%
84%
359.90
+17.1%
95%
434.99
+41.6%
MOVE
Move Odds
Up 5% or more (322.59)
35%
Up 10% or more (337.95)
25%
Down 5% or more (291.87)
41%
Down 10% or more (276.51)
30%
Options price a 10%+ drop at 30%, 0.9× the 33% 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.