SLM
SLM CorporationOpen22.58−0.36 −1.57%USD
NasdaqGS · as of Oct 13, 12:42 ET · 15m delay
Open
23.18
Prev close
22.94
Day range
22.5423.38
52-week range
17.7731.06
Volume
800.47K0.35×
Mkt cap
4.25B
P/E ttm
6.29
Fwd P/E
6.70
EPS ttm
3.59
Div yield
2.27%
Earnings
Jul 23, 2026
From 52w high
−27.30%
SLM market-implied price distribution
SLM Price at Expiry
18 OTM quotes · ATM IV 44.2%
Days to expiry
38
Fri, Nov 20, 2026
P(finish above spot)
71%
spot 22.58
Expected price
24.61
forward 23.33
68% range
22–27
−4.7% / +17.6%
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% | 19.51 | −13.6% |
| 16% | 21.52 | −4.7% |
| 25% | 22.30 | −1.2% |
| 50% (median) | 23.75 | +5.2% |
| 75% | 25.37 | +12.4% |
| 84% | 26.56 | +17.6% |
| 95% | 35.28 | +56.2% |
Move Odds
| Up 5% or more (23.71) | 51% |
|---|---|
| Up 10% or more (24.84) | 32% |
| Down 5% or more (21.45) | 15% |
| Down 10% or more (20.32) | 7.9% |
Options price a 10%+ drop at 7.9%, 0.4× the 19% 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.