The Detectability of Transit Depth Variations due to Exoplanetary Oblateness and Spin Precession
Joshua A. Carter, Joshua N. Winn

TL;DR
This paper explores the potential to detect exoplanet oblateness and spin precession effects through transit depth variations in light curves, highlighting the conditions under which these signals are observable.
Contribution
It introduces the concept that spin precession can cause detectable transit depth variations, and identifies optimal orbital periods and factors that enhance detectability.
Findings
Transit depth variations of about 1% are possible for oblate planets like Jupiter.
Kepler can detect precession-induced signals in several planets.
Moons and rings can increase the amplitude or decrease the precession period, aiding detection.
Abstract
Knowledge of an exoplanet's oblateness and obliquity would give clues about its formation and internal structure. In principle, a light curve of a transiting planet bears information about the planet's shape, but previous work has shown that the oblateness-induced signal will be extremely difficult to detect. Here we investigate the potentially larger signals due to planetary spin precession. The most readily detectable effects are transit depth variations (TV) in a sequence of light curves. For a planet as oblate as Jupiter or Saturn, the transit depth will undergo fractional variations of order 1%. The most promising systems are those with orbital periods of approximately 15--30 days, which is short enough for the precession period to be less than about 40 years, and long enough to avoid spin-down due to tidal friction. The detectability of the TV signal would be…
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