In this paper, color optimization of a full-color holographic stereogram printing system using a single SLM based on iterative exposure is proposed. First, an array of sub-holograms (hogels) is generated effectively within fast computergenerated integral imaging, and fully analyzed phase-modulation for red, green, and blue (RGB) channels of hogel. Then, the generated hogels are recorded into holographic material sequentially where SLM displays the R, G, and B channels of a single hogel via effectual exposure under synchronized control with three electrical shutters for RGB laser illumination to obtain verified color optimization. Numerical simulation and optical reconstructions are implemented.