Line two baking sheets with parchment paper or a slip mat and preheat your oven to 350 degrees.
Combine the white and brown sugar, and butter in a large mixing bowl with a paddle attachment. Cream sugars and butter until the mixture is well mixed.
One by one, add in the 3 eggs and continue to beat on low. Then, add in the vanilla and peanut butter and mix until combined.
In a food processor, pulse 3 cups of the oats until they resemble coarse flour. Add in the remaining 2 cups of oats, baking soda, and salt and stir to combine.
Slowly add the dry ingredients to the wet ingredients and mix well.
Chop up 1-1 ⅓ cup of chocolate candies into small pieces and add to the cookie batter. If using M&Ms, reserve those until you’ve formed your cookies.
Using a scoop, place 6 2 inch balls of cookie dough on each tray, with plenty of space between them.
Flatten the cookies with the back of a spoon and add 2-3 M&Ms to each cookie (if using).
Bake the cookies for 12-15 minutes at 350 degrees.
If using the candy eyes, add them immediately after you pull the cookies out of the oven, while they are still soft.
Allow cookies to cool on the baking sheet for about 10 minutes before transferring to a baking rack to cool completely.