K2 Ultracool Dwarfs Survey I: Photometry of an L Dwarf Superflare
  We report on K2 Campaign 8 measurements of a huge white light flare on the L1 dwarf SDSSp J005406.55-003101.8 (EPIC 220186653). The source is a typical L1 dwarf at a distance of $\sim50$ pc, probably an old hydrogen-burning star rather than a young brown dwarf. In the long (30-minute) cadence photometry, the flare peak is 21 times the flux of the stellar photosphere in the broad optical Kepler filter, which we estimate corresponds to $\Delta V \approx -7.1$. The total equivalent duration of the flare is 15.4 hr. We estimate the total bolometric energy of the flare was $4 \times 10^{33}$ erg, more powerful than the previously reported Kepler white light flares for the L1 dwarf WISEP J190648.47+401106.8, but weaker than the $\Delta V = -11$ L0 dwarf superflare ASASSN-16ae. The initial (impulsive) cooling phase is too rapid to resolve with our 30-minute cadence data, but after one hour the gradual cooling phase has an exponential time constant of 1.8 hours. We use template fitting to estimate that the full-time-width-at-half-amplitude of the light curve is $<10$ minutes and that the true flare maximum reached $\sim70$ times the stellar photosphere, or $\Delta V \approx -8$. This flare is comparable to the most powerful Kepler flares observed on the active M4 dwarf GJ 1243. 
John E. Gizis, Rishi R. Paudel, Sarah J. Schmidt, Peter K. G.   Williams, Adam J. Burgasser
astro-ph.SR