ASASSN-16ae: A Powerful White-Light Flare on an Early-L Dwarf
  We report the discovery and classification of SDSS~J053341.43+001434.1 (SDSS0533), an early-L dwarf first discovered during a powerful $\Delta V < -11$ magnitude flare observed as part of the ASAS-SN survey. Optical and infrared spectroscopy indicate a spectral type of L0 with strong H$\alpha$ emission and a blue NIR spectral slope. Combining the photometric distance, proper motion, and radial velocity of SDSS0533 yields three-dimensional velocities of $(U,V,W)=(14\pm13,-35\pm14,-94\pm22)$~km~s$^{-1}$, indicating that it is most likely part of the thick disk population and probably old. The three detections of SDSS0533 obtained during the flare are consistent with a total $V$-band flare energy of at least $4.9\times10^{33}$~ergs (corresponding to a total thermal energy of at least $E_{\rm tot}>3.7\times10^{34}$~erg), placing it among the strongest detected M dwarf flares. The presence of this powerful flare on an old L0 dwarf may indicate that stellar-type magnetic activity persists down to the end of the main sequence and on older ML transition dwarfs. 
Sarah J. Schmidt, Benjamin J. Shappee, Jonathan Gagn\'e, K. Z. Stanek,   Jos\'e L. Prieto, Thomas W.-S. Holoien, C. S. Kocha...
astro-ph.SR