Abstract: A cable lock is presented having a manually extendable flexible steel cable. One end of the cable can be withdrawn from the lock and the cable extended to a desired length for securing and intertwining a variety of valuable items, and the end returned to the cable lock where it is secured therein. The lock is generally bolted to a wall and a key allows the user to remove or lock the cable to secure items therewith. A generous supply of steel cable is available from an internal reel and an axially slidable, rotatable end cap provides release of the free end of the cable while in a first sector and provides continuous reel rotation to lengthen or shorten the cable while in a second sector of a cylindrical base protraction.