A tool for holding a fishing lure eyelet, or other small structure, with a small aperture while a flexible line is extended through the aperture. Two pivotably mounted and spring-loaded levers have a jaw formed near one end and a handle near the opposite end. Each jaw has a pocket formed in its face. When the jaws are closed, preferably by a spring, the pockets register to hold a lure eyelet. The handles ends can be compressed to open the jaws against the spring. A tapered guide passage extends between the exterior of the jaws and the pockets to guide the line from a flared end to the aperture in the pocket where the guide passage narrows, and another passage guides the line out of the pocket. A blade and anvil on the handle ends can cut the line after a lure is tied.