Combine baking mix, sausage, and cheese in a big bowl. Stir with a wooden spoon until blended.
Shape sausage mixture into 1-inch balls, and place on lightly greased baking sheets. Press 1 olive deeply into each ball. Reroll using the palms of your hands if you need to reshape.
Bake at 400 for 22 minutes or until lightly browned.
Remove baking sheets from the oven using oven mitts.
Make-Ahead Tip: Freeze Monster Eyes in an airtight container up to 1 month. To reheat, place frozen balls on an ungreased baking sheet, and bake at 350 for 10 minutes or until heated through.