Silver Scorpion is an early superheroine in an early Marvel comic book, from back in the days when they were known as "Timely". Art by Harry Sahle. Originally published in 1941.
Olsen goes around in a daze for the rest of the day, muttering something about "red hourglass" and "black widow", and then he still won't admit to having peeked at this picture when he thought no one was looking.
I particularly liked the story about the tall blonde and the little guys that were threatened by the prospect of being homeless. Actually that one was a reprint.