An embodiment of the present invention is a cable gripping apparatus comprised of a housing with a part conical shaped passageway, two serrated half-jaws, a spacer, a spring, a retaining clip and a cap. The apparatus is spring-loaded and self-locking for gripping and securing a cable. The serrated half-jaws and spring lock the cable in place and only allows the cable to move in one direction. The cap is placed at one end of the apparatus to prevent dirt and moisture from accumulating, thus minimizing the corrosion of the cable.