Abstract: A stud for a tire to improve traction on a roadway which includes a hardened pin mounted in a steel jacket and extending therefrom to engage the roadway, wherein the stud is sized for insertion into openings in the tire tread. The pin is retractable into the jacket thereby removing the pin from contact with the road surface and providing non-studded as well as studded service from the same tire. A spring in the stud jacket is used to propel the pin out of the jacket into the extended position when the pin is released from the securing mechanism. The securing mechanism consists of a series of projections on the pin in interaction with a series of grooves in the interior of the stud jacket. The pin is released from the retracted position by manually pressing the pin further into the jacket until the securing mechanism releases it.