Olivares was originally signed by the Philadelphia Phillies before the 1957 season. He was acquired by the Cardinals prior to 1958 and made his major-league debut during the 1960 season, after he was the Most Valuable Player, home run champion (35) and runs batted in leader (125) of the Class B Carolina League playing for Winston-Salem. In his two trials for the MLB Redbirds, he got into 24 games with 11 starts. But he managed only five hits, all singles, in 35 at bats (with no bases on balls), for a batting average of .143.\n', '

Following the 1961 season, Olivares was drafted by the Houston Colt .45s with the 33rd overall selection in the 1961 expansion draft, but never appeared in another major league game.\n', '

His son, Omar, was an MLB pitcher for 12 seasons.\n', '

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