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2 (16 ounce) loaves frozen bread dough, thawed
1/2 cup spaghetti or pizza sauce
1/2 teaspoon dried oregano
4 ounces sliced pepperoni
2 cups shredded mozzarella cheese
1/3 cup grated Parmesan cheese
Punch dough down. On a lightly floured surface, roll each loaf into a 20 x 8-inch rectangle. Place one rectangle on a greased baking sheet.
Spread spaghetti sauce in an 18 x 4-inch strip down the center. Sprinkle with oregano, pepperoni, and mozzarella cheese. Fold long sides of dough up towards filling; set aside.
Cut the remaining rectangle into three strips. Loosely braid strips; pinch ends to seal. Place braid on top of the cheese; pinch braid to dough to seal. Sprinkle with Parmesan cheese.
Bake at 350 degrees F for 30 minutes or until golden brown.