We have monitored the BL Lacertae object S5 0716+714 in the optical bands
during 2012 January and February with long time spans on intraday timescales
(>5 hr) and high time resolutions. During this monitoring period, the object
shows violent flaring activity both in short and intraday timescales. The
object has high value of duty cycle. The light curves detected as intraday
variability (IDV) show variability of various shapes. The variability amplitude
is from 12.81 per cent to 33.22 per cent, and the average value 19.92±5.87
per cent. The overall magnitude variabilities are △B=1m.24, △V=1m.42, △R=1m.3,
△I=1m.23 respectively. During the observations, the
average change rate is =0.035±0.009 Mag/h during the ascent and
=0.035±0.014 Mag/h during the descent. However, different cases are
found on certain nights. There are good inter-bands correlations but not
significant time lags for intraday and short timescales. The results of the
autocorrelation function show that the variability timescales range from 0.054
day to 0.134 day. Most of nights show bluer when brighter (BWB) chromatic
trend; a weak redder with brighter (RWB) trend is found; a few nights show no
correlations between magnitude and color index. The BWB trend appears in the
short timescales. During the flare the spectral index exhibits a clockwise loop
for inter-nights. A shock-in-jet model and the shock wave propagating along a
helical path are likely to explain the variability and color index variability.Comment: 46 pages, 7 figures, 9 tables. Accepted for publication in AJ. arXiv
admin note: text overlap with arXiv:1703.01645. text overlap with
arXiv:1407.7615 by other author