Before You Begin:
Prepare your ingredients and equipment as needed. Results may vary depending on pineapple ripeness, blending time, and chilling conditions.
Peel, core, and chop pineapple into chunks. Reserve a small portion for garnish if desired.
Blend pineapple until completely smooth, avoiding excessive foam.
Strain through a fine mesh strainer into a bowl, pressing gently to extract liquid. Discard excess pulp.
Return strained liquid to blender. Add water, olive oil, vinegar, cayenne, and salt. Blend briefly until combined.
Transfer to a covered container and refrigerate for at least 1 hour, or until thoroughly chilled and flavors are balanced.
Stir before serving, garnish if desired, and serve cold.