All you need is a bag of red hots and a package of chocolate chips. (I used semi-sweet chocolate chips.)
Melt the chocolate for 30 seconds at a time on 50% power in a microwave safe dish stirring frequently.
Mix as many red hots as you desire into the melted chocolate.
Spread mixture out onto a piece of waxed paper. Let chocolate set (you can put it outside or in your fridge to speed it up.)
Break up the pieces and enjoy!
I originally found this idea here.