Form the meat into balls about the size of a golf ball.
Cut the tops off of your olives. (See notes.) Press the olive point into the meatball to resemble eyes and place on a plate that will fit into the fridge for chilling. Repeat until all have "eyes"
Chill for a minimum of 15 minutes to set the shape.
Bake for 15-20 minutes, turning the pan from front to back at the 10 minute mark to allow for even cooking.
Allow meatballs to cool for 5-10 mins.
While meatballs are cooling place ketchup in a sealed zip lock back. Put the ketchup in one corner of the bottom of the bag and press all of the air out and seal. Cut a small hole in the end where the ketchup is ... then pipe bloodshot eyes around the eye center of the meatball. Serve.