Yesterday I caught the golden orb weaver spider (Argiope aurantia) that lives on our deck wrapping up its latest victim. She had spun silk around it so fast I did not get to see what it was; I did notice it was about fly or small bee size.
Like all spiders, the orb weaver is carnivorous. They spin a typical spider shaped web to capture small flying insects such as aphids, flies, grasshoppers, and bees. A female can take prey up 200% of her own size!
The web can be up to two feet across and in the center of the web, the spider will hang, head down, waiting for prey. Often, she holds her legs together in pairs so that it looks like an X. They typical take down their web and rebuild it each night.
To learn about orb weaver spiders see:
http://animaldiversity.ummz.umich.edu/site/accounts/information/Argiope_aurantia.html
To read a previous post about orb weaver reproduction see:
http://katalystdesigns.blogspot.com/2007/03/waiting-patiently.html