Preheat the oven to 350 F. In a large bowl, mix together cake mix, eggs and vegetable oil until smooth. Divide the cookie dough between two bowls and mix one with red food coloring and one with green.
Fold 1/2 cup chocolate chips in each cookie dough and take a small amount of each and roll into balls. In a shallow dish, combine granulated sugar and ground cinnamon. Roll each cookie dough in the cinnamon sugar mixture and place onto a large ungreased baking sheet at least 2-inches apart. Bake for 10-12 minutes.