1/2 cup of flour or cornstarch
2 large eggs, beaten
3/4 cup dried bread crumbs
Spear and olive with a toothpick and twirl it in the our to coat evenly, swirl it in the egg, and then roll it in the bread crumbs. Use a fork to pop it off the toothpick onto a plate. Repeat until all of the olives are crumbed. Those who like to get their hands dirty can eschew the toothpick.
Heat 1 1/2 inches of oil in a medium saucepan until it reaches 350°F on a deep-fat thermometer or a candy thermometer. Place a few of the olives at a time in the bowl of a slotted metal spoon and lower them into the oil. Fry in batches until golden brown, less than 1 minute. Fish out the olives with a spoon and transfer them to paper towels. Spritz them with lemon while sizzling, if you like. Serve hot.