The Three Little Pigs, reading their story in a fairy tale book, decide to sell their straw and wooden houses to avoid the Wolf's wrath. Bugs Bunny falls for their scheme and buys the straw house, only for the Wolf to blow it down. Bugs then purchases the wooden house but faces the same fate. Seeking revenge, Bugs disguises himself as Little Red Riding Hood and tricks the Wolf into disrupting his own story.
As Bugs confronts the Wolf at Grandma's house, they engage in a battle of wits and physical comedy. Bugs eventually confronts the Wolf about blowing down his houses, upon which the Wolf says they belonged to the Pigs and he was just following the book. Realizing that they've both been tricked, Bugs and the Wolf arrive at the Pigs' brick house. Despite the Wolf thinking he can't blow it down, Bugs tells him to do so. While the Pigs mock the Wolf, he blows at the house, only for it to explode. Overjoyed, the Wolf exclaims he did it, much to the Pigs' shock. Nearby, Bugs takes the credit, having used TNT to destroy the house, and laughs mischievously.
^Beck, Jerry; Friedwald, Will (1989). Looney Tunes and Merrie Melodies: A Complete Illustrated Guide to the Warner Bros. Cartoons. Henry Holt and Co. p. 202. ISBN0-8050-0894-2.
