Abstract: A planar board having ease of retrieval and strike indicator includes a base, a first and second fishing line release extending outward from the base, a rotary flag pivotally attached to said base, and at least one line retainer. The second fishing line release preferably has a means for positively retaining a fishing line. The fishing line is inserted into the first fishing line release, behind the positive retaining means of the second fishing line release, looped around an upstanding projection disposed on the rotary flag, and preferably inserted into at least one line retainer. When a fish strike occurs, the flag will be pulled downward. To retrieve the planar board into the boat, the user jerks the fishing line such that the fishing line is pulled out of the first fishing line release. The planar board also has other preferable embodiments which add or remove a fishing line release or remove the rotary flag.