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%
58.49
−32.0%
16%
69.92
−18.7%
25%
75.00
−12.8%
50% (median)
85.49
−0.7%
75%
96.40
+12.0%
84%
101.96
+18.5%
95%
114.71
+33.3%
MOVE
Move Odds
Up 5% or more (90.36)
38%
Up 10% or more (94.67)
28%
Down 5% or more (81.76)
41%
Down 10% or more (77.45)
30%
Options price a 10%+ drop at 30%, 0.9× the 32% 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.