In a microwave safe bowl, combine the 1 up of red candy melts, 1/4 cup of peanut butte rand 1/2 tablespoon of vegetable oil. Microwave on high for 30 second. Stir and cook in 15 second intervals until melted and smooth. (mine took about 60 seconds).
Meanwhile, pour 4 cups of chex cereal in a large bowl.
Pour the melted peanut butter and candy mixture over the cereal and quickly stir to coat.
In a one gallon ziplock bag, pour the 1 cup powdered sugar. Then pour the coated cereal into the gallon bag. Seal close and shakre to coat the cereal.
Pour onto parchment paper lined cookie sheet and allow to cool.
Repeat the entire process with the green candy melts.
Once the red and the green puppy chow are cooled, sprinkle the Christmas m&ms over the top and stir to combine the red and the green.
Store in an airtight container for up to a week.
Video
Notes
This recipe makes a big batch so it’s perfect to hand out to friends, neighbors and more for the holiday.