Preheat oven to 350 degree F (180 degrees C).
Place Baguette (1) slices in a shallow baking pan. Drizzle Olive Oil (2 tablespoon) lightly over the top of the baguette slices. Toast for 5 minutes in the oven. Turn baguette slices and drizzle other side with olive oil and return to the oven for 5 more minutes.
Meanwhile, mix together Shredded Extra Sharp Cheddar Cheese (1 cup), Cream Cheese (4 ounce), Jalapeño Pepper (1/2), Red Bell Pepper (1/4 cup), Mayonnaise (2 tablespoon), Cayenne Pepper (1/8 teaspoon), Cooked Bacon (3 slice). Spread over top of toasted baguette slices.
Return to oven until topping is melted (about 5 minutes). Remove from oven and transfer slices to a nice platter. Serve and enjoy while hot.