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%
10.84
−43.3%
16%
13.82
−27.7%
25%
15.34
−19.7%
50% (median)
18.46
−3.4%
75%
21.93
+14.7%
84%
23.92
+25.1%
95%
29.74
+55.6%
MOVE
Move Odds
Up 5% or more (20.07)
37%
Up 10% or more (21.03)
30%
Down 5% or more (18.16)
47%
Down 10% or more (17.20)
39%
Options price a 10%+ drop at 39%, 1.0× the 41% 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.