wrote in message
...
I want to make about a 1.25" hole in the base of a few food cans. What's
the best option?

Chassis punch, but not that cheap for something you are unlikely to use
again any time soon.
http://www.ebay.co.uk/sch/i.html?_fr...unch&_sop= 15
https://www.amazon.co.uk/MONUMENT-35...=chassis+punch