2270 CHAPTER 65. STOCHASTIC INTEGRATION

This is then no larger than 4η provided n is large enough. Pick such an n. Then for allk > K, this has shown that

P

([sup

t∈[0,T ]

∣∣∣∣∫ t

0R((

Z (s)◦ J−1)∗∆k (s)

)◦ JdW (s)

∣∣∣∣≥ ε

])

≤ P

([sup

t∈[0,T ]

∣∣∣∣∫ t

0R((

Z (s)◦ J−1)∗Pn∆k (s))◦ JdW (s)

∣∣∣∣≥ ε/2

])+

P

([sup

t∈[0,T ]

∣∣∣∣∫ t

0R((

Z (s)◦ J−1)∗ (I−Pn)∆k (s))◦ JdW (s)

∣∣∣∣≥ ε/2

])

≤ P

([sup

t∈[0,T ]

∣∣∣∣∫ t

0R((

Z (s)◦ J−1)∗Pn∆k (s))◦ JdW (s)

∣∣∣∣≥ ε/2

])+4η

By 65.14.24 this whole thing is less than 5η provided k is large enough. This has provedthat under the assumption that X is bounded uniformly off a set of measure zero,

limk→∞

P

([sup

t∈[0,T ]

∣∣∣∣∫ t

0R((

Z (s)◦ J−1)∗∆k (s)

)◦ JdW (s)

∣∣∣∣≥ ε

])= 0

This is what was desired to show. It remains to remove the extra assumption that X isbounded.

Now to finish the argument, define the stopping time

τm ≡ inf{t > 0 : |X (t)|H > m} .

As observed in Lemma 65.14.2, this is a valid stopping time. Also define ∆τmk ≡ Xτm −(

X lk

)τm . Using this stopping time on X and X lk does not affect the pointwise convergence to

0 as k→ ∞ of ∆τmk on which the above argument depends.

Consider

Akε ≡

[sup

t∈[0,T ]

∣∣∣∣∫ t

0R((

Z (s)◦ J−1)∗∆k (s)

)◦ JdW (s)

∣∣∣∣≥ ε

]

Then

P(Akε ∩ [τm = ∞])≤ P

([sup

t∈[0,T ]

∣∣∣∣∫ t

0R((

Z (s)◦ J−1)∗∆

τmk (s)

)◦ JdW (s)

∣∣∣∣≥ ε

])

which converges to 0 as k→ ∞ by the first part of the argument. This is because |Xτm | and∣∣∣(X lk

)τm∣∣∣ are both bounded by m and the same pointwise convergence condition still holds.

NowAkε = ∪∞

m=1Akε ∩ ([τm = ∞]\ [τm−1 < ∞])

2270 CHAPTER 65. STOCHASTIC INTEGRATIONThis is then no larger than 47 provided n is large enough. Pick such an n. Then for allk > K, this has shown thatP supte(0,7]<P ( >e/2P supte [0,7]-r( JaBy 65.14.24 this whole thing is less than 57 provided k is large enough. This has provedthat under the assumption that X is bounded uniformly off a set of measure zero,lim P sup >e| | =0k-v00 te [0,7]This is what was desired to show. It remains to remove the extra assumption that X isbounded.Now to finish the argument, define the stopping time[a ((Z(s) 07-1)" Ax (s)) osaW (s)supte [0,7][a ((Z(s) oJ”!)* PiAg (s)) o JW (s))s[A (Zoos) =P) Ax(9)) oFaW(s) > ¢/2sup >e/2t€ [0,7][2 ((Z (s) oJ)" PiAy (s)) oJdW (s)[2 ((Z (s) od!) Ay (s)) oJdW (s)Tm = inf {t >0: |X (t)|, >m}.As observed in Lemma 65.14.2, this is a valid stopping time. Also define Ai" = Xt™ —(Xj) tm Using this stopping time on X and x} does not affect the pointwise convergence toOask— © of Ai” on which the above argument depends.ConsiderAte = lo [ a(Zo)er"')(s)) oJdW (s) >|ThenPlaine) <P up. [ a(Zeer') ae) oJdW (s)| >e€which converges to 0 as k — © by the first part of the argument. This is because |X*”| and(xp)Noware both bounded by m and the same pointwise convergence condition still holds.Ake = Um=1Ake 1 ([Tm = %9] \ [Tm—1 < 99])