A person who is not only very attractive but also have an attractive personality that makes everyone want to be around them. Most of the time they throw really good parties or are the life of a party.
Girl 1: "Oh my god Ryan is so cute. You think I should ask him out?"
Girl 2: "You can try but he is a hot commodity. Everyone wants that so take a number."
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.