the top piece as shown in fig8 through 11 the first top piece 138 contains a hook 128 for hanging the spool holder from an eyelet on a fishing rod see fig2 10 and 11 by hanging the collapsible spool holder from the fishing rod tension in the fishing line is alleviated thus reducing tension introduced when transferring the fishing line from the spool to the reel moreover by hanging the collapsible spool holder from the eyelet of the fishing rod no tension is applied to the rod and cracks or fractures are not introduced to the fishing rod as shown in fig1 two openings 127 and 126 are provided to secure the first top piece 138 to the second top piece 139 as seen in fig1 the inside surface has a protrusion 125 that facilitates the attachment of the first top piece 138 to the second top piece 139 and provides a spacer so that the left 117 and right 118 arms are able to reside within the top piece see fig3 the second top piece 139 is shown in fig8 and 9 this piece has a protrusion with a hole 132 in it where the fishing line is fed through from the spool to the fishing line the protrusion with a hole 132 is oriented such that when the fishing line is taken from the.