My method is a bit different from the plug, an old hot rodder showed me this one. Take an old speaker magnet and stick it to the bottom of the oil pan. They catch everything. The strongest magnets you can buy are the rare earth neodymium types.
www.buntingmagnetics.com in Chicago has a variety of round styles that could be fitted to a drain plug without any machining. It will hold itself in place. Same goes for the transmission and the rear end. I have a couple disc drive motor magnets that you can hurt yourself on if you catch some skin between them. Ask me how I know that!
My wife makes me change the calendar on the refrigerator because it is too strong for her to pull off. This style is not easy to check without pan removal. But it works far better than the plug.