A loving couple indulge a predilection for S&M, fetishism, and bondage. Suddenly, the Mistress introduces their mutual friend into the scenario and their illicit pastime becomes a permanent reality.
The man-hating female is submissive to his wife, but dominant over him. She torments the slave relentlessly while she in turn is subjected to the humiliations of the Mistress who keeps her firmly in her place. Plot and counter plot run rampant as each person tries to gain what he or she seeks, and all of it is carefully manipulated and steered by the sublime Mistress of the household. Finally, the truth emerges and they realise that the woman they call Mistress is far from the person they thought her to be.