Preheat oven to 350°F. Prepare popcorn according to package directions. Remove all unpopped kernels. Place popped corn, corn chips and peanuts in 2.5-gallon resealable food storage bag.
Combine hot sauce and melted margarine. Pour over popcorn mixture; seal bag and shake until popcorn mixture is coated evenly. Place mixture in 15x10-inch shallow baking pan in single layer.
Bake 5 minutes, stirring once. Serve immediately or cool and store in tightly sealed container.
Recipe by Feisty Frugal & Fabulous at https://feistyfrugalandfabulous.com/2012/01/orville-super-bowl-giveaway/