In a large heavy bottomed pot heat the oil over medium high heat. Add the kernels and shake gently to coat. Cover with a lid, leaving it slightly ajar to let steam escape. Gently shake the pot back and forth over the burner while the popcorn starts to pop to make sure it doesn't burn. Once it's all popped pour the popcorn into a large bowl.
In another small bowl melt the white melting chocolate according to package directions. Pour the melted chocolate over the popcorn and use a rubber spatula to gently stir and coat the popcorn.
Sprinkle in 1 package of red Pop Rocks, and 1 package of blue Pop Rocks, then stir again.
Spread popcorn out on a baking sheet lined with wax paper. Sprinkle the remaining packages of Pop Rocks over the popcorn before it dries completely.
Let dry and store in an air tight container. Enjoy!