Prepare the dressing by whisking together olive oil, red wine vinegar, oregano, basil, garlic, salt, pepper, and red pepper flakes in a small jar or bowl. Set aside.
Chop the romaine lettuce into bite-sized pieces and add it to a large serving bowl.
Add the tomatoes, red onion, pepperoncini, and olives to the bowl.
For Version One, add all the meats and cheese. For Version Two, add the reduced meat and cheese plus extra vegetables like cucumber and bell pepper.
Drizzle the Italian dressing over everything right before serving.
Toss everything together until well coated, or serve the dressing on the side.