Dice the onion and bell pepper. Add olive oil to a medium skillet and heat to medium high. Add the veggies and cook for 2-3 minutes or until they begin to soften.
Beat the eggs well and add the milk (optional). Pour the eggs over the veggies and stir and chop with a spatula until the eggs dry out. Serve with your favorite hot sauce if desired.
Toast the bread and add a small amount of butter if desired.