Adjustable traction is provided in a traction cleat by selectively restricting or not the amount of flexure permitted for a dynamic traction element on the cleat. Restricting flexure is alternatively achieved by an adjustably positionable ring or by rotating the cleat to align the dynamic element with different shoe sole topographical features. A dual locking post is provided to reduce the surface area required on the cleat hub for locking structures. The cleat is formed in a two shot molding process that permits elongations of the dynamic traction elements without sacrificing the integrity of the cleat structure.