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%
60.69
−20.8%
16%
69.26
−9.7%
25%
72.34
−5.6%
50% (median)
77.79
+1.5%
75%
82.76
+8.0%
84%
85.53
+11.6%
95%
92.04
+20.0%
MOVE
Move Odds
Up 5% or more (80.50)
36%
Up 10% or more (84.33)
19%
Down 5% or more (72.83)
27%
Down 10% or more (69.00)
15%
Options price a 10%+ drop at 15%, 0.8× the 18% 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.