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this is a build on how to have crazy damage as well as tank in 3 vs 3 or be a carry tank/dps which is always fun
i tend to choose ghost because olaf needs that boost to get him going out of the gate with this you can chase down anything and good for running from situations all round good spell to have
my other one is ignite i always always hate when people leave with like 20 hp well this can fix all you problems in one simple spell and if your not winning a fight always good to turn the tides with and ignite to destroy mundo and yi with lfiesteal or health Regen with ignites added effect reducing health Regen by 50% !!! a good all rounded spell
other spells to use could be
cleanse and ghost cleanse can help get rid of exhaust but i don't recommend it sine it was debuffed.
heal is a good spell on dpses with exhaust is a good combo but again ghost helps him get that speed but its all up to you.
Berserker Rage : (passive): For each 1% of health missing, Olaf's attack speed is increased by 1%
Undertow : Damage: 65/110/165/200/245 + 30% of Attack Damage
Slow: 24 / 28 / 32 / 36 / 40 %
this will be your slow until you get a phage or frozen mallot
Vicious Strikes : Damage: 12/18/24/30/36 (+ 0.4/0.7/1/1.3/1.6% of Max Hp)
Lifesteal: 9/12/15/18/21% Spellvamp: 9/12/15/18/21% Last 6 seconds
this is the spell that allows olaf to survive in team fights masive damage and lifesteal bonuses so no lifesteal needed for ages.
Reckless Swing : Damage dealt: 100/160/220/280/340
Damage taken: 40/64/88/112/136
this is your gg spell crazy op damage in only a 4 second cooldown this is what makes him deadly plus with all other spells olaf is one hell of a dps/tank.
Ragnarok(Ultimant) : Immune to disables, Flat damage absorption:25/45/65
Passive : armor penetration 10/20/30
this is the reason you'll never need cleanse a long cleanse making you tank even more and its passive give a epic bonus with this and reckless swing you will dominate any tank who comes your way and squishy's you'll one hit them XD.
dorans shield is an all rounded good item for 3 vs 3 in 5 vs 5 tho i would recommend buying a regrowth pendant both are good if swapped
now boots this is were its hard if there team has alot of CC or mages buy merc treads if alot of dps buy ninja tabi or if they just suck buy either boots of swiftness or bersker greaves
warmogs helps you passive plus makes you a good tank with new update warmogs is cheaper and better stats are given so i urge you to buy
atams implayler works wonders with olaf and warmogs more hp = more damage