documented_losses
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-09-12, from biggest-short-squeezes-in-history.
| episode | loss_low_bn | loss_high_bn | unit | source |
|---|---|---|---|---|
| Volkswagen, Oct 2008 | 20 | 30 | EUR | hedge fund losses, contemporaneous estimates reported Oct 28 to 29, 2008 |
| GameStop, Jan 2021 | 19.75 | 19.75 | USD | S3 Partners mark-to-market for January 2021, reported Jan 29 |
| LME nickel, Mar 2022 | 8 | 8 | USD | Tsingshan paper loss at the Mar 8, 2022 peak, as reported that day |
- Rows × columns
- 3 × 5
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
episode |
text | 3 distinct values | |
loss_low_bn |
number | 8 to 20 | US dollars |
loss_high_bn |
number | 8 to 30 | US dollars |
unit |
text | 2 distinct values (EUR, USD) | |
source |
text | 3 distinct values |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
the exact SQL behind every number
SELECT episode, loss_low_bn, loss_high_bn, unit, source
FROM (
SELECT 'Volkswagen, Oct 2008' AS episode, 20.0 AS loss_low_bn, 30.0 AS loss_high_bn, 'EUR' AS unit, 'hedge fund losses, contemporaneous estimates reported Oct 28 to 29, 2008' AS source
UNION ALL
SELECT 'GameStop, Jan 2021', 19.75, 19.75, 'USD', 'S3 Partners mark-to-market for January 2021, reported Jan 29'
UNION ALL
SELECT 'LME nickel, Mar 2022', 8.0, 8.0, 'USD', 'Tsingshan paper loss at the Mar 8, 2022 peak, as reported that day'
) AS ranked
ORDER BY loss_high_bn DESC
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