1Heat oven to 375°F. Grease bottom and sides of 10-inch ovenproof cast-iron skillet.
2In medium bowl, stir sugar, Bisquick mix and milk until dough forms. If dough is too sticky, gradually mix in enough additional Bisquick mix (up to 1/4 cup) to make dough easy to handle. Place dough on surface sprinkled with Bisquick mix; gently roll dough in Bisquick mix to coat. Shape into ball; knead 10 times.
3Roll dough into 15x9-inch rectangle; spread with olive oil. Sprinkle evenly with thyme, pepper and cheese. Roll up tightly, beginning at 15-inch side. Seal well by pinching edge of dough into roll. Cut into 1 1/4-inch slices; place cut sides down in skillet.
4Bake 23 to 25 minutes or until golden brown. Cool 5 minutes. Drizzle with honey.