Paulina Lake is off to a wonderful start! This week we even started to get fish on dries, using Beetles, Ants and Flying Ants. The trout are fat and healthy and wintered over super well. 
By far for my boat this week the best fly was a Jigged Red PT in a #16 or 18. 
We also did well on Jigged Callibaetis Cate and Red Ice Cream Cone both on a #16 hook. 
Double Down Black, Balanced Leeches, Scuds, Jig Minnow, and Ants and Beetles will cover the lake for the entire day. 
I will tell you we were fishing side by side round indicators next to Croston’s Bungs, and the Bung is so much better. Takes are more easily detected and you will put more fish in the net. The disadvantage to the Bung is wind, they are hard to see in waves and even blow over. And you MUST use two 3mm beads to balance the large size Bung, and two 2.5 mm beads on the Medium Bung. So you need to know your bead sizes to set them up to balance correctly.