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2 bags (3.5 oz each) microwave popcorn (butter or natural flavor), popped
Chili powder
½ cup well-drained sliced ripe olives
¼ cup well drained chopped green chiles
2 cups shredded sharp Cheddar cheese (8 oz)
1. Remove and discard unpopped kernels from popped popcorn. Divide popcorn among four 10-inch microwavable plates. Sprinkle each with desired amount of chili powder and equal amounts of olives, chilies and cheese.
2. Microwave 1 plate at a time uncovered on High about 1 minute or until cheese is melted. (If cheese melts unevenly, rotate plate 1/2 turn after 30 seconds.) Serve warm.