Bring water to a simmer in a medium or large pan.
While waiting for the water to simmer, snap or cut off bottom ends of the asparagus.
Then peel the bottom 2 inches of each stalk.
Once water is at a full simmer, gently put the asparagus in the pan.
Cook uncovered for 5 minutes.
Transfer asparagus to a colander or plate and run cold water over them for a minute. Then put ice cubes on top, approx. 8-10 cubes, to stop the cooking and lock-in the bright, green color.
Set aside asparagus until ready to serve.
Before serving, dry the asparagus with paper or linen towels.
Heat the same pan on medium-high heat with olive oil and once heated add the asparagus.
Using tongs, mix the asparagus to thoroughly coat in the olive oil.
Let heat for 1-2 minutes. (Asparagus are already cooked. This process is to re-heat them.)
Season with salt and pepper.
Transfer to a platter and garnish as desired.