Are the opponents vulnerable? Get that double card ready. Be less inclined to double non-vulnerable opponents; a 1 trick set will turn 50 into 100, not enough of a reward to take the risk.
Control the trump suit: look for length and strength in the opponents suit (preferrably behind the bidder).
Shortness in partner's suit(s): this increases the likelihood of partner's high cards taking tricks as well as decreasing your side's chances of making a game/slam that might make the penalty insufficient.
Here is a hand from the Dallas Nationals where Sue/I took advantage of our overbidding opponents.
With both sides
vulnerable, I held:
932
QJT2
Q9
7432
Not a very exciting collection at first glance.
Sue opened 



T5 K98 6532 K865 |
The play begins:
2, 5, A, J
7, K, 9, T
The play to the 2nd trick is subtle; if partner is watching closely they know we have the 3 and 9 remaining. The 9 should signal to partner that we have something in diamonds (the "higher" ranking side suit). This may or may not make a difference, but it can't cost. The play continues:
J, 7, 5, Q
This is going to be bloody. No reason to falsecard on this hand, we play a high club (standard count) to show
an even number.
4, 7, 9, 2
Q, 3, T, A
T, 2, 6, A
K, 8,
3, 5
9,
8, 4, K
This is a key play. One of the dangers of holding long trumps is that sometimes we can be end played. Partner has done very well, and we have been careful to keep our 3rd spade (a card that declarer cannot remove) as an exit card. Declarer can do nothing from here and must lose two heart tricks.
Consider what would happen if we had thrown our 3rd spade (or partner had led 1) rather than a club. Declarer would ruff a club in his hand and lead a low heart towards dummy. We must play the T (or he will play the 8) and declarer wins the K. He then lead the 9 (or 8) and plays low from his hand. We are now end played and will lose one of our heart tricks.
Surprise, surprise; a hand that showed little promise has turned into a surprising +800. Aggressive doubling and accurate defense will make the opponents think twice about overcalling.