Step 1:  Put a gold or silver bead on the hook, and insert the hook into the vise.  Attach thread, then add a tail of 5-7 Pheasant tail fibers.
Next attach fine copper wire for a rib, and add the tinsel than wrap foward.  After the tinsel has been wrap to about mid shank, counter wrap the copper wire  foward,.as a rib.
Step 3:  Add the back material, then tie in 2-4 strands of peacock herl to create a thorax, then tie it off.
Step 4:  Tie in a hen saddle hackle fibers on both sides of the fly for legs.  Trim the hackle butts, pull the back material forward and it down.  Whip finish and head cement.
The Lightning Bug
Size 12-18 Tiemco or comparable hook
Black 8/0
Gold or Silver Bead
5-7 Pheasant Tail Fibers
Medium Opal Mirage Tinsel, or Silver or Gold Holographic Mylar Tinsel
Fine Copper Wire
Large Gold Mylar Holographic Tinsel
2 Strands of Peacock Herl
Hen Saddle Hackle
Hook
Thread
Bead
Tail
Body
Rib
Wing Case
Thorax
Legs