A fly tying apparatus includes a base abutting a support surface and a stanchion attached to and extending upwardly from the base. A rotational assembly is rotatably mounted on the stanchion. A fly gripping assembly is mounted to the rotational assembly. The fly gripping assembly includes a jaw mount attached to the rotational assembly. The jaw mount includes a mounting collar. A jaw assembly is mounted to the jaw mount. The jaw assembly engages a bend of a fish hook. The jaw assembly is slidably mounted in the mounting collar. The jaw assembly comprises a pair of jaws, a first adjustment assembly configured to selectively angle the jaws with respect to each other, and a second adjustment assembly configured to selectively alter a distance between the jaws.