Preheat oven to 400 degrees.
In a microwave safe bowl, combine honey, peanut butter, and oil. Microwave for 30 seconds. Stir. Add vanilla and stir again.
Line a baking sheet with parchment paper. Evenly spread popcorn & chocolate chips onto the baking sheet.
Pour honey + peanut butter mixture over the popcorn and toss slightly.
Bake for 5 minutes. Using a spatula, flip and stir around. Spread evenly on the baking sheet again and bake another 5 minutes.
Store in a air tight container for 3 - 4 days, if you don't eat it all before then!