RIO's Dread Pirate is no myth, but a deadly tarpon fly with eyes are made from RIO's Kahuna LT strike indicator - allowing this fly to sink horizontally. Once you start your strip, this fly likes to hold its depth, and move in a very enticing path.
This fly also lays down super soft, so if you have a history of spooking fish upon delivery... this fly will help. No guarantees however!
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