In a large mixing bowl, pour water and add dry yeast. Stir gently then add honey and incorporate everything well. Set bowl to the side as you measure out the dry ingredients.
In a separate bowl, add the flour and salt and mix them together.
Using a stuff spatula or wood spoon, add the flour mixture into the bowl of water. I recommend adding small amounts of flour at a time as you mix, this will make sure all of the flour is fully hydrated.
When the ingredients are roughly mixed and all of the dry flour has been hydrated by the water, cover the bowl and let it sit for 30 minutes.
After 30 minutes have passed, put the dough on a clean counter. Cover your hands lightly in olive oil and pat the top of the dough. Now, stretch and fold the dough over onto itself over and over again for 1-2 minutes. At the end, pull the dough ball towards yourself on the counter to make the skin tight and smooth.
Place the dough ball in a lightly floured plastic container or baking pan covered in plastic wrap. Let the dough rest at room temperature for 2-3 hours.