This innovative product combines both the wrap and the unwrap functions into one bit/sleeve set. The bit is precision machined for high quality clockwise wrapping and includes the removal mechanism that is used to unwrap when operated counterclockwise. The user can quickly and easily switch back and forth between wrap and unwrap mode by retracting or extending the sleeve, and flipping the switch on a wrap/unwrap tool. It can wrap or unwrap 22 and 24 AWG wire.