Another method, which is a bit more difficult, but which yields a nearly perfect egg (glo-bug) is to use a fly tying vise. Most tackle stores sell glo bug yarn, pick your colors, use 4-5 stands of your primary color, and one strand of your selected highlight color (this creates the dot). Using dental floss (unwaxed, plain) wrap around the hook shank 8-10 times, add a drop of fly head cement, then wrap back up toward the eye of the hook; place your yarn on the shank of the hook, wrap with the dental floss tightly 5-6 times, then pull the yarn back and secure the floss just behind the eye of the hook with 4 wraps and then 2-3 half hitches. Add a drop of head cement to the knot. Trim the dental floss, and with a pair of SHARP iris scissors, pull the yarn tight upward, and trim the yarn in a semi-circle. With a little practice, you can make some killer steelie glo bugs. My largest steelhead ever was caught on one of these. My usual hook is a #2, either black or bronze. It will take a bit of practice to get it just right, but it's worth it.