7 BIGGEST EVER OPTIONS TRADE LOSSES IN HISTORY (Your losses are chump change compared to these)

1. Company : Aracruz
   Country: Brazil
   Amount Lost: $2.52bn
   Year: 2008
   Source of Loss: FX options

2. Company : Sadia
   Country: Brazil
   Amount Lost: $1.09bn
   Year: 2008
   Source of Loss: FX and Credit Options

3. Company : AIB/Allfirst
   Country: United States
   Amount Lost: $0.69bn
   Year: 2002
   Source of Loss: Foreign Exchange Options

4. Company : China Aviation Oil (Singapore)
   Country: China
   Amount Lost: $0.55bn
   Year: 2004
   Source of Loss: Oil futures and options

5. Company : Natwest
   Country: United Kingdom
   Amount Lost: $0.15bn
   Year: 1997
   Source of Loss: Interest Rate Options

6. Company : Morgan Stanley
   Country: United States
   Amount Lost: $0.12bn
   Year: 2008
   Source of Loss: Credit Index Option

7. Company : Calyon
   Country: United States
   Amount Lost: $0.35bn
   Year: 2007
   Source of Loss: Credit Derivatives

Source of information