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Chocolate-Covered Peanut Caramel Popcorn Covered in chocolate and caramel and loaded with crunchy peanuts, this addicting caramel popcorn is definitely the ultimate holiday snack! Makes 12 cups popcorn 1 cup butter 1 cup honey 1/4 cup whipping cream 1 cup popcorn kernels 1/2 teaspoon salt 2 cups unsalted peanuts 1 cup semisweet chocolate chips 1 teaspoon oil 1 teaspoon vanilla extract