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Step 1
Drain olives in a strainer. Lay out on paper towels and rub the tops with another paper towel to dry.
Step 2
Line a large baking sheet with parchment paper. Set aside.
Step 3
Beat butter until creamy. Add cheese until well combined.
Step 4
In a medium bowl, whisk together flour, salt and cayenne. Gradually add flour mixture to butter mixture until well combined.
Step 5
Cover each olive with dough until totally covered. Place on a large baking sheet and freeze for about one to two hours. (If you're using these for later, freeze until frozen solid and then you can add the olive balls to a large freezer bag for later use. I always have a stash in my freezer for unexpected guests.)
Step 6
Preheat oven to 400 degrees. Place desired amount of olives on tray and bake for 12-14 minutes or until lightly browned.