Abstract: A fishing lure includes a fishing hook having a shank with a portion of the shank defining a longitudinal axis. The buoyant body portion on the shank has a portion of the shank substantially disposed within. The body portion provides an increased diameter over the diameter of the shank for accepting fly-tying materials affixed to the body portion. The body portion includes at least two segments, each segment having a constant diameter along its entire length different from the diameter of an adjacent segment. This provides a step-like formation facilitating the attachment of the fly-tying materials. The fishing lure includes a weight attached near the eye such that the lure sinks in water. When submerged, the barbed end of the hook remains elevated by the buoyant body portion relative to the weighted end.