In a large mixing bowl, combine flour, sugar, salt, and yeast. Add warm water and olive oil and stir until the dough begins to form.

Turn the dough out onto a floured surface and knead for about 10 minutes until smooth and elastic.

Place the dough in a greased bowl, cover with a cloth, and let it rise in a warm place for 1 hour, or until doubled in size.

Punch down the risen dough and roll it out into a rectangle on a floured surface.

Sprinkle the shredded cheddar cheese, jalapeños, red pepper flakes, garlic powder, and black pepper evenly over the dough.

Starting from one long side, roll the dough tightly into a log and pinch the edges to seal.

Transfer the log onto a parchment-lined baking sheet and let it rise again for 30 minutes.

Preheat the oven to 375°F (190°C).

Sprinkle the top of the bread with grated Parmesan cheese.

Bake in the preheated oven for 25-30 minutes, or until the bread is golden brown and sounds hollow when tapped.

Remove from the oven and let cool on a wire rack before slicing.