Abstract
Using the descent spectral sequence for a Galois extension of ring spectra, we compute the Picard group of the higher real $K$-theory spectra of Hopkins and Miller at height $n=p-1$, for $p$ an odd prime. More generally, we determine the Picard groups of the homotopy fixed points spectra $E_{n}^{hG}$, where $E_{n}$ is Lubin–Tate $E$-theory at the prime $p$ and height $n=p-1$, and $G$ is any finite subgroup of the extended Morava stabilizer group. We find that these Picard groups are always cyclic, generated by the suspension.
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