A Trade In Which Emotions Aren’t the Enemy

I made the joke the other day with some of my colleagues that I'd become emotionally bankrupt. I was exaggerating, but man, I'd hit an emotional low a few weeks ago. I'd also made the joke that I wished I could buy calls on my emotional state, because it was certainly at a sentimental low.

Nothing like catching your breath again, and were I now long those options, I'd probably peel a few of them off now to catch my breath and still keep plenty of exposure to the upside. Wouldn't it be great to trade options on your own emotions? You could roll your emotional call options up when they're close to expiring but you know you've got momentum. And when things in your personal life are going awful, you could either load up on puts if you're the greedy type or at least hedge yourself for the downside.

I'm surprised that in this Web 2.3 bubble (ooh, great new term for this phase of the net...we're not hardly past 2.0 and certainly not at 3.0, but we're moving...) that I've not seen the pitch from some PR firm for some Stanford grad's social network full of options trading, real or paper, on your own emotions yet.

Or at least some pitch from some kid on his couch in his living room with a model and site up in beta.

All of which begs the question if you could then be sued for insider trading, I suppose.

And with that, I'll get my Judge Judy fix and head onto bed.