Step 1: Place a Daiichi # 2461 size 4 streamer hook in your vise. Sometimes I even use a size 2. Attach your thread and wind it to the bend of the hook, even with the barb. For thread, I really like the GSP 100 in white. Tie in an olive barred white zonker strip as shown.
Step 2: Dub a short body of olive Ice Dub or Senyo's Laser Dub.
Step 3: Tie off the remnant of the zonker on top of the dubbed body and clip off the excess. Many times I will top the fly with a dozen or so strands of copper flashabou the same length as the zonker strip before proceeding to the next step.
Step 4: Clip off a clump of Australian Possum from a hide and tie it in tightly as shown. Advance thread to in front of the clump.
Step 5: Tie in a large mallard flank collar (usually 4 or 5 wraps around) and wind thread tightly against the A.P. clump so the flank splays out well.
Step 6: Tie in another clump of Australian Possum, this one a little thicker than the first. Whip finish. Now go catch a toad!
For Australian Possum hides visit http://www.swingabigfly.com/
Matt Zudweg is a full time guide for Feenstra Guide Service on Michigan's Muskegon River, and also owns http://www.boneyardflygear.com/