Here is something very similar, although these are tied as Tarpon Flies on size 2/0 Varivas 2600v hooks.
Bottom fly tied Matuka style, inasmuch as zonker strip secured at rear of shank, then brought up over the crosscut body, and secured again at head.
These style of flies work absolutely brilliantly for Tarpon, although in much more subtle hues as far material colours are concerned, and I see no reason why dressed in such gaudy combos as shown, and with perhaps a bit more flash, wouldn't work well for pike.