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%
88.87
−21.3%
16%
104.52
−7.5%
25%
108.08
−4.3%
50% (median)
113.81
+0.7%
75%
118.88
+5.2%
84%
121.42
+7.5%
95%
128.11
+13.4%
MOVE
Move Odds
Up 5% or more (118.61)
26%
Up 10% or more (124.26)
9.5%
Down 5% or more (107.31)
23%
Down 10% or more (101.66)
12%
Options price a 10%+ drop at 12%, 1.4× the 8.6% 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.