PPL
PPL CorporationOpen34.14−0.21 −0.60%USD
NYSE · as of Oct 13, 10:18 ET · 20m delay
Open
34.49
Prev close
34.34
Day range
33.9034.51
52-week range
31.5640.11
Volume
397.09K0.05×
Mkt cap
25.69B
P/E ttm
20.20
Fwd P/E
16.11
EPS ttm
1.69
Div yield
3.32%
Earnings
Aug 7, 2026
From 52w high
−14.90%
PPL market-implied price distribution
PPL Price at Expiry
14 OTM quotes · ATM IV 19.3%
Days to expiry
38
Fri, Nov 20, 2026
P(finish above spot)
53%
spot 34.14
Expected price
33.87
forward 34.23
68% range
32–36
−6.1% / +6.3%
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.
Target Price
Percentiles
| Chance below | Price | vs spot |
|---|---|---|
| 5% | 24.40 | −28.5% |
| 16% | 32.05 | −6.1% |
| 25% | 32.92 | −3.6% |
| 50% (median) | 34.25 | +0.3% |
| 75% | 35.52 | +4.0% |
| 84% | 36.27 | +6.3% |
| 95% | 39.51 | +15.8% |
Move Odds
| Up 5% or more (35.84) | 21% |
|---|---|
| Up 10% or more (37.55) | 9.0% |
| Down 5% or more (32.43) | 19% |
| Down 10% or more (30.72) | 10% |
Options price a 10%+ drop at 10%, 2.2× the 4.5% 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.