The Intra-Night Optical Variability of the bright BL Lac object S5   0716+714
  We address the topic of the Intra-Night Optical Variability of the BL Lac object S5 0716+714. To this purpose a long term observational campaign was performed, from 1996 to 2003, which allowed the collection of a very large data set, containing 10,675 photometric measurements obtained in 102 nights. The source brightness varied in a range of about 2 mag, although the majority of observations were performed when it was in the range 13.0 < R < 13.75. Variability time scales were estimated from the rates of magnitude variation, which were found to have a distribution function well fitted by an exponential law with a mean value of 0.027 mag/h, corresponding to an e-folding time scale of the flux tau_F = 37.6 h. The highest rates of magnitude variation were around 0.10--0.12 mag/h and lasted less than 2 h. These rates were observed only when the source had an R magnitude < 13.4, but this finding cannot be considered significant because of the low statistical occurrence. The distribution of tau_F has a well defined modal value at 19 h. Assuming the recent estimate of the beaming factor delta about 20, we derived a typical size of the emitting region of about 5 times 10^{16}/(1 + z) cm. The possibility to search for a possible correlation between the mean magnitude variation rate and the long term changes of the velocity of superluminal components in the jet is discussed. 
F. Montagni, A. Maselli, E. Massaro, R. Nesci, S. Sclavi, M. Maesano