Preheat oven to 200°F and line two large baking sheets with parchment paper.
In a large bowl combine honey shreddies, honey chex, pretzels, and peanuts. Gently toss to combine.
In a small saucepan combine honey, apple cider vinegar, Worcestershire sauce, extra virgin olive oil, onion powder, granulated garlic powder, coarse salt, and cayenne pepper. Over medium low heat bring to a boil, continually stirring, boil for 30 seconds and remove from heat. Ensure that all the honey is melted.
Slowly pour over top of the dry ingredients. Using a wooden spoon toss cereal mixture until it is completely coated with the sauce mixture.
Divide in two and spread evenly onto parchment lined baking sheets.
Bake in preheated oven for 1 hour. Let cool on baking sheets.
Once cooled, transfer back to a large bowl, and gently toss with your hands.
Notes
- Chex Mix will last up to one week at room temperature in an air tight container.