My sinking squid is tied with a palmered zonker strip with 1/4 oz eyes about halfway back towards the bend- some saddle hackles and DNA frosty fibre for a tail- works pretty well...
I do them in white, chart, pink and orange.
Last June, we went old school with pink& white and grizzly &pink seaducers picking off "risers" in front of the rips- it was tremendous.