Olofsson was assigned to AHL Colorado on Saturday, Ryan Boulding of NHL.com reports.
Olofsson was called up from AHL Colorado on Monday.
Olofsson was sent to AHL Colorado on Sunday, Evan Rawal of Colorado Hockey Now reports.
Olofsson was put on waivers Saturday, per Elliotte Friedman of Sportsnet.
Olofsson logged an assist, one shot on net, two blocks, two hits and two penalty minutes over 8:45 of ice time in Wednesday's 7-4 win over the Senators.
Olofsson was not in the active lineup for Saturday's game against the Flyers.
Olofsson notched an assist and three hits in Saturday's 4-3 shootout loss to the Ducks.
Olofsson had one shot and won two of four faceoffs over 9:26 of ice time in Thursday's 4-3 loss to the Kraken.
Olofsson (upper body) is good to play Thursday against Seattle, per Peter Baugh of The Athletic.
Olofsson (upper body) is considered day-to-day after he missed Monday's practice, per Ryan Boulding of NHL.com.