same excact way you described with the exception of i use 8.0 gamagatchus or however you pronounce it.I disagree, been using circle hooks for over 10 years, both for chunking as well as live lining.
I use 7/0 Daiichi Circle hooks, large chunk of Mac, I pierce through the belly first, spin the hook around, then go through the top, as close as to the back bone as possible, then push the point out, if you don't push the point out, past the bark, your not going to hook up.
So your basically cradling the chunk inside the hook bend.
Let the fish grab it, and run with it, just pull back on the rod, a lot of times, when they run, they will hook themselves.
How are you doing it?
went out for macks yesterday around 1200,people were catching them the day before but only pulling in singles or doubles so its still slow or i hit times wrong.Did watch 2 guys in a boat on river side catch acouple schoolies on worms,and watched some swim in formation along the jetty rocks cruising.also saw a seal swiming around.I have not been, but I hear from a reliable source that they've been catching them there