Step 1

Combine flour, baking soda, baking powder and salt in a medium bowl and whisk to blend evenly.

Step 2

Combine soft butter and brown sugar in a large bowl and "cream" it together with a spatula until evenly blended, smooth and a bit fluffy. The mixture will look like fluffy wet sand. Mix in peanut butter, then mix in honey. Add the egg and vanilla and mix until well combined. Mix in oats.

Step 3

Add the flour mixture to the butter mixture and fold it in until it is just combined. Add chocolate chunk and both types of M&M's and fold them in until evenly distributed.

Step 4

Place a piece of plastic wrap directly on the surface of the dough in the bowl and refrigerate for 30 minutes.

Step 5

Preheat your oven to 350°F. Line two large cookie sheets with parchment paper and set aside.

Step 6

Scoop up about 2 tablespoons of dough and roll into balls. Place them onto prepared baking sheets spacing them at least 2 inches apart. Bake for 10-12 minutes until lightly golden around the edges but still slightly soft in the center (they will set as they cool). Let cookies cool for 1 minute on the baking sheets, then transfer them individually to a wire rack to finish cooling.