Mix the starter ingredients in a clean jar. Leave to peak in a warm spot for 4 to 6 hours, until at least doubled but not collapsed.
When the starter is nearly ready, mix the flour and water into a shaggy dough in a large bowl. Cover and rest for 30 to 60 minutes.
Add the risen starter, salt, and olive oil. Squish in with wet hands until fully combined.
Rest 10 minutes, then do a set of stretch and folds or coil folds, always with wet hands. Repeat 4 to 5 more times over the next 2 hours. The dough will strengthen noticeably as you go.
Leave the dough to finish bulk in a warm spot (ideally 25°C / 77°F) until risen by 30 to 40% with visible bubbles and a soft, jiggly feel. This usually takes another 2 to 4 hours.
Cover the bowl tightly and refrigerate for 8 to 24 hours.
Day 2
Tip the cold dough onto a heavily floured surface and dust the top with flour. Coax into a rectangle with a bench scraper. Cut in half widthwise.
With floured hands, transfer each piece onto its own sheet of baking paper, stretching gently as you lay it down.
Cover with a floured tea towel and rest at room temperature for around 1 hour (1½ if your kitchen is cool) until slightly puffy.
Preheat the oven and a heavy baking sheet to 230°C / 450°F for at least 30 minutes. Place a tray with a couple of centimetres of water on the bottom rack for steam.
Slide a board under the baking paper and transfer it onto the hot baking sheet. Bake for around 25 until deeply golden and the loaves sound hollow when tapped.
Cool on a wire rack for at least 1 hour before slicing.
Notes
Watch the dough, not the clock. Bulk fermentation times shift with kitchen temperature. Trust the visual signs (30 to 40% rise, bubbles, jiggle) over the times listed.
Don't slice too soon. Sourdough finishes baking as it cools. Slicing into a warm loaf gives you a gummy crumb.
Flour generously at shaping. This dough is wet, and a heavily floured bench and dusted top are essential.
Stand mixer option: After the autolyse, knead in a stand mixer with a dough hook for around 15 minutes until smooth and strong, then bulk on the bench as usual.
Storage: Best on the day. Keep leftovers in a paper bag for up to 2 days, or slice and freeze for up to 3 months.