Preheat the oven to 400°F (200°C). Line a large baking sheet with parchment paper.
In a large bowl, combine 12 ounces precooked sausage (cut into 1/2-inch rounds), 1 medium red bell pepper (sliced into 1/4-inch strips), 1 medium yellow bell pepper (sliced into 1/4-inch strips), and 1 small yellow onion (sliced into 1/4-inch strips).
Drizzle with 1 to 2 tablespoons olive oil. Add 2 cloves minced garlic, 1 teaspoon Italian seasoning, kosher salt and black pepper to taste, and a dash of crushed red pepper flakes if using. Toss until everything is evenly coated.
Spread the sausage and vegetables in a single, even layer on the prepared baking sheet, leaving a little space between pieces so they can brown.
Bake on the middle oven rack for 20 to 25 minutes, stirring once about halfway through, until the vegetables are tender and slightly browned and the sausage is heated through.
Remove from the oven, garnish with fresh parsley or basil if desired, and serve immediately.