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Step 1
PREP: Line a large sheet pan with parchment paper and set aside.
Step 2
COMBINE: In a large bowl combine the Chex cereal, pretzels (Note 1), Cap'n crunch cereal, Cheerios, and M&M's. Mix together, making sure that everything is evenly distributed.
Step 3
WHITE CHOCOLATE: In a medium-sized microwave-safe bowl, add the white chocolate chips and vegetable oil. Microwave for 30 seconds, stir, and microwave for another 25 seconds. Stir until melted and smooth. If needed, return to the microwave for a little longer. (Bursts of 10 seconds, stirring for 10 seconds in between each burst). Pour the melted and smooth white chocolate over the snack mix.
Step 4
COMBINE: Gently stir until completely combined and all ingredients are coated in white chocolate (work quickly, because white chocolate hardens fast!) and then transfer to the prepared baking sheet and spread into one even layer. If desired, add some Christmas/festive sprinkles before the white chocolate sets.
Step 5
FIRM UP: Allow white chocolate to set at room temperature or place in the fridge until firm, about 10-20 minutes. Break into pieces and serve.