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%
27.69
−4.6%
16%
28.33
−2.4%
25%
28.57
−1.6%
50% (median)
29.06
+0.1%
75%
29.64
+2.1%
84%
30.02
+3.4%
95%
32.36
+11.5%
MOVE
Move Odds
Up 5% or more (30.48)
10%
Up 10% or more (31.93)
5.4%
Down 5% or more (27.58)
3.8%
Down 10% or more (26.13)
0.0%
Options price a 10%+ drop at 0.0%, 1.1× the 0.0% 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.