Preheat oven to 400°. Rinse, pat dry and prick potatoes all over with a fork. Lightly drizzle with olive oil and season with salt and pepper. Wrap tightly in foil. Bake until soft, for about 1 hour.
Remove from oven, unwrap potatoes and cut lengthwise slits in the top of each potato. Gently and carefully open the potato and sprinkle with cheddar cheese. Place back into the oven for about 5 minutes so the cheese can melt.
Remove from oven, top with sour cream, crispy bacon bits and green onions. Season with salt and pepper if desired. Enjoy while hot!
For the bacon, I line the bacon on a foil lined baking sheet in an even layer. Bake the bacon in the same oven at 400 degrees for about 25 minutes.