Jump Intensity

Key Jump Intensity in Bates Model refers to the value of the parameter Ξ» representing the intensity of the poisson process N in the SDE: dS = dH + JSdN
It equals the mean annual frequency of the underlying price jumps.
Set it to some very small value to remove the effect of jumps, regardless of the entries in Mean Log Jump Factor and Vol Log Jump Factor.
Do not set it to exact 0 because QuantLib then fails.