Les:

> seems like the reference you want is:
>
> Merton, R. 1976 Option Pricing when Underlying Stock Returns are
> Discontinuous,  Journal of Financial Economics, 125-144, May 1976

Oh, no! He seems to be one of the confused guys I was referring to and
there are a few other big names I had in mind. I am confused, too, so
I do not hold this against them.

But thanks, I will check the other references you sent.

Any other leads?

Best
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