In a mixing bowl, combine warm water and active dry yeast. Let it sit for about 5 minutes until foamy. In a separate bowl, mix all-purpose flour and salt. Add the yeast mixture and olive oil to the flour mixture. Knead the dough for about 5-7 minutes until smooth and elastic. Cover with a damp cloth and let it rise for about 1 hour in a warm place.

Preheat the Oven

Preheat your oven to 475°F (245°C). If you have a pizza stone, place it in the oven to heat up.

Roll Out the Dough

Once the dough has risen, punch it down and roll it out on a lightly floured surface to form a 10-inch pizza base.

Add Toppings

Spread the tomato sauce evenly over the pizza base. Sprinkle mozzarella cheese over the sauce. Add pepperoni slices and sliced bell peppers. Sprinkle oregano on top, and add fresh basil leaves as desired.

Bake the Pizza

Transfer the pizza to the preheated oven (or pizza stone) and bake for about 12-15 minutes, or until the crust is golden and crispy.

Serve

Remove the pizza from the oven, let it cool for a minute, slice, and enjoy your delicious homemade pizza!