Preheat the oven to 350°F.
On a baking sheet, spread out the potato chips in an even layer.
Sprinkle the shredded cheddar cheese over the potato chips.
Add the diced tomatoes, sliced jalapenos, diced red onion, and sliced black olives on top of the cheese.
Bake in the preheated oven for 10-15 minutes, or until the cheese is melted and bubbly.
Remove from the oven and drizzle with sour cream.
Top with chopped fresh cilantro and pickled jalapenos before serving.
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