Cover the olives in cool water; soak for at least 5 minutes or up to 5 hours.
In a 1- to 1 1/2-quart container, combine all the remaining ingredients. Add the olives and stir or shake to combine. Make sure the olives are submerged in the marinade. Let sit in a cool, dry place for 1 day. Refrigerate for 1 or 2 days before serving.
Photograph by Lara Robby
Recipe courtesy Alton Brown for Food Network Magazine