ApplePay, Alibaba/Sony movies, and why I won't invest in Coca-Cola

Some highlights from this week's Live Q&A Chat on TradingWithCody.com. Q. Cody: an investing 101 question. What are your thoughts on WEEKLY options -- when would one use those instead of the standard monthlies? When a near-term move/event is expected? (Then why is that better than doing the monthly and just bailing when the event happens?) Do they carry higher premiums? (This question from a guy who just admitted that sometimes "risk tolerance" goes into the crapper!) A. I find the weeklies do sometimes carry higher premiums, if only because Street veterans like me have never gotten entirely comfortable with them -- 3rd Friday of each month for expiration dates of my options is sorta ingrained in my head. Q. I think we all know that the eco system at $AAPL is very valuable. Buying an iPhone for the first time may lead an individual to buy a Mac or an iPad, etc. Do you see ApplePay bringing value to the $AAPL eco system or do you view it as a stand alone product. A. ApplePay is another key ingredient and differentiator for Apple's ecosystem. It's going to be huge. And it's going to be very profitable. ApplePay in your watch next? GooglePay in your GoogleGlasses next? This is all coming. Q. Any tea leaves to be read with the report that Alibaba is in talks with SONY Pictures to jointly fund films? A. Sony knows they've got a tiger by the tail in their huge library of Hollywood-level movies and shows. Distributers like Amazon, NetFlix, Apple, Google et al are desperate for that content and Jack Ma of Alibaba is apparently trying to figure out how to get in that game too. Good stuff in theory, but nothing fundamental from it yet. Q. Whats your opinion on selling $ko and buying $sne? A. Coke, $KO, sort of reminds me of a beverage version of McDonald's. How long can Coke continue to expect to make huge profits and margins on chemically-colored, chemically-sweetened drinks that basically kill people who consume them too often. Juices, water and other drinks seem like a better place to invest than dirty sugar water. Coke's trying to morph to meet that trend change, but I wouldn't count on them succeeding in reinventing a 150 year-old company. Sony I own, but it's got plenty of risks ahead of it too. Good luck!