@article{syntheticamericanoptionpricingviajumphmm,
  title = {Synthetic American Option Pricing via Jump-HMM-Driven Heston Implied Volatility},
  author = {Julia Sun and Zheyu Jin and Jiawei Zhang and Jeffrey D. Varner},
  year = {2026},
  eprint = {2605.13998},
  archivePrefix = {arXiv},
  url = {https://arxiv.org/abs/2605.13998},
}