The Bloody Bugger is simply a Black Wolley Bugger with red in the body and tail. I use red crystal flash in the tail and also wind it around the under body before I wind the hackle toward the eye of the hook. A conehead or bead is also recommended
Nice fly and great fish. Used a black woolly bugger except tail and wrapped body was Crystal Flash instead of red to catch my trout (27" big brown) of a lifetime last year. Love those buggers. Have to try some in red also.