Heat oven to 350° F.
In large bowl, combine cereal, oats and peanuts.
In small bowl, combine honey and oil; mix well. Add to cereal mixture; mix well. Spread cereal mixture in single layer on 15 1/2 x 10 1/2 x 1-inch baking sheet sprayed with cooking spray.
Bake 12 to 15 minutes, stirring a few times during baking. Remove from oven; stir to loosen mix from pan. Cool completely in pan on wire rack. Stir in raisins and candy. Store tightly covered.
Servings: 7 cups