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%
816.79
−22.7%
16%
896.09
−15.2%
25%
939.44
−11.1%
50% (median)
1,041.71
−1.4%
75%
1,161.43
+9.9%
84%
1,225.50
+15.9%
95%
1,376.55
+30.2%
MOVE
Move Odds
Up 5% or more (1,109.77)
35%
Up 10% or more (1,162.61)
25%
Down 5% or more (1,004.07)
41%
Down 10% or more (951.23)
28%
Options price a 10%+ drop at 28%, 1.1× the 26% 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.