I krunch the wraps with the cutter part of my lead pliers. Don't have to worry about cutting the hook, because after a decade of cutting lead, leader, spinner wire, etc., they barely cut monofilament. Then I put the hook in a plastic container, and place it in a vest pocket that's reserved for salvaged gear. The next time I need a single hook... I'll stop by the store and pick up a 25 pk. I never use the salvaged ones.