Preheat oven to 350 degrees F. Arrange a layer of tortilla chips on an oven proof pie plate. Spread half of the sliced olives, jalapeno pepper and green onion over the chips and cover with half the cheese. As a second layer place remaining tortilla chips, sliced olives, jalapeno pepper and green onion. Then sprinkle the remaining cheese over the top.
Bake in oven until cheese is melted, about 10 minutes. Garnish with sour cream and salsa sauce or put them on the side for dipping. Serve immediately.