Spread popped popcorn on a baking sheet lined with wax paper. Make sure kernels of popcorn are touching each other on the baking sheet!

Place shortening in a microwavable bowl & add 1/2 cup of the Reese's morsels. Microwave on high for 40 seconds. Stir until morsels are melted. Add remaining 1/2 cup of Reese's morsels and microwave on high 30-45 seconds. Remove from microwave & stir until melted. Drizzle peanut butter sauce over popcorn. Sprinkle peanuts over popcorn mixture, if desired.

In a microwavable bowl, heat chocolate morsels for 45 seconds. Stir well. Return the bowl to the microwave and heat again for 30-40 seconds. Stir until melted. Drizzle chocolate sauce on top of popcorn & peanut butter sauce.

Place baking sheet in refrigerator to do a fast set of the sauces and the peanut butter. Or, leave tray on counter until sauces harden. When the popcorn is set with the sauces, break it into big chunks. Store in a plastic or glass container with a lid.