During FIFA World Cup break, with the likes of Matías Quiroga, Roberval and Cristian Canio[6] all departing from the club in June, Olivi was inserted into the lead striker role.
[16] On 21 July 2011, Claudio Tessa — Audax's director of football — confirmed to the web page Emol that both clubs reached an agreement for Olivi's transfer to Colo-Colo,[17] believed to be for around US$1 million.
In December 2011, after the club's elimination in the playoffs against Cobreloa,[22] was rumours that Olivi would be made available on a free transfer or be loaned due to the striker's poor performances.
[23] After several speculations of his departure, Ivo Basay considered him in the pre–season at Temuco, despite his possibilities to go to a team on loan or also the chance to left Colo-Colo for a Brazilian Série A club or also an Asian side.
On 25 February 2012, he scored his side's goal in a 2–1 defeat with Universidad de Concepción, generating thus improving his image, after a complicated last season, not obstant Basay failed to call-up Olivi for the next week game in Valparaíso against Wanderers.
However, after the coach's departure, he was chosen by the caretaker Luis Pérez in the starting lineup, recovering his well performances, scoring goals in a 2–2 regular phase draw against Rangers and a twice with Deportes Iquique in the playoffs, being a key player during that instance, after being eliminated by the rival Universidad de Chile in the semifinals.
In 2016, Olivi signed with Selangor from León de Huánuco, ahead of the upcoming Malaysia Super League season.