Green’s Dictionary of Slang

out adv.2

(US) in existence, e.g. he is the craziest person out.

[UK]G. Lawrence Guy Livingstone (1858) 43: Constance Brandon and Flora Bellasys—quite the two best things out.
[US]‘Dan de Quille’ Big Bonanza (1947) 285: He’s jist the durndest dog out!
[Aus]Bulletin (Sydney) 1 Aug. 15/2: A black pig is hard to see in the dark, an’ he goes moochin’ off so quietly that it’s the simplest thing out to lose him off camp.
[US]H.S. Thompson letter 13 May in Proud Highway (1997) 611: If the current rumor proves out.