01 - Heat oil in a large pot over medium heat. Add popcorn kernels, cover, and shake occasionally until popping slows to 2–3 seconds between pops. Remove from heat and transfer popped popcorn to a large bowl, discarding any unpopped kernels.
02 - In a medium saucepan, combine sugar, corn syrup, water, butter, and salt. Bring to a boil over medium heat, stirring constantly until sugar dissolves. Continue boiling for 3–4 minutes without stirring until mixture thickens slightly.
03 - Remove saucepan from heat. Stir in vanilla extract and red food coloring, adding additional drops as needed to achieve a rosy pink shade.
04 - Immediately pour hot glaze over popcorn. Work quickly to toss with a silicone spatula or greased hands, ensuring all kernels are evenly coated.
05 - Spread coated popcorn onto a baking sheet lined with parchment paper. Let cool completely for 20–30 minutes until hardened. Break into clusters and serve.