Preheat the oven to 400°F (200°C). Line a baking sheet with parchment paper or aluminum foil for easy cleanup.

In a large bowl, combine the olive oil, garlic powder, onion powder, smoked paprika, Old Bay seasoning, salt, and pepper. Add the chicken wings to the bowl and toss until evenly coated with the marinade.

Arrange the wings in a single layer on the prepared baking sheet. Bake in the preheated oven for 40-45 minutes, flipping halfway through, until the wings are golden brown and crispy.

While the wings are baking, prepare the garlic ranch dip by mixing the ranch dressing with fresh parsley in a small bowl.

Once the wings are done, remove them from the oven and let them cool for a few minutes before serving with the garlic ranch dip.