| 2 cups (8 ounces) shredded sharp cheddar cheese |
| 1 cup mayonnaise (Light or fat-free mayonnaise may not be substituted for regular mayonnaise in this recipe.) |
| 1 can (4-1/2 ounces) chopped ripe olives, drained, divided |
| 1 can (4 ounces) chopped green chilies, undrained |
| 1/4 teaspoon garlic powder |
| 1/8 teaspoon hot pepper sauce |
| 1/4 cup chopped green onions |