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In this model, the value of the option is given by a linear \\((1+2)\\) evolution partial differential equation in which the price of the option depends upon two independent variables, the value of the underlying asset, \\(S\\), and a new variable, \\(y\\). We find that for arbitrary functional form of the volatility, \\(\\sigma(y)\\), the \\((1+2)\\) evolution equation always admits two Lie point symmetries in addition to the automatic linear symmetry and the infinite number of solution symmetries. However, when \\(\\sigma(y)=\\sigma_0\\) and as the price of the option depends upon the second Brownian motion in which the volatility is defined, the \\((1+2)\\) evolution is not reduced to the Black-Scholes-Merton Equation, the model admits five Lie point symmetries in addition to the linear symmetry and the infinite number of solution symmetries. We apply the zeroth-order invariants of the Lie symmetries and we reduce the \\((1+2)\\) evolution equation to a linear second-order ordinary differential equation. Finally, we study two models of special interest, the Heston model and the Stein-Stein 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