Hook color makes no difference at all. In fact, 99% of the time, lure color makes no difference either. When it does, its typically hints of certain colors that help. The lure does not have to look just like the local bait to work. In fact, looking a little different can help.

Bass are head hunters and typically hit the head of a bait.

Red does not disappear underwater. You'll lose the red color and it will appear black at a shallow depth.

Andrew