1. In a mixing bowl, combine the flour, cayenne pepper, salt, Parmesan cheese, cheddar cheese, and butter. Mix and knead until you have a crumbly dough.
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2. Add the chopped green olives and continue mixing until the dough comes together and forms a compact ball.
3. Wrap the dough in plastic wrap and refrigerate for at least 30 minutes.
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4. After resting, roll out the dough on a floured surface and use a cookie cutter to create small tree-shaped cookies. Transfer the cookies to a baking sheet.
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