Spiders' webs in the punctured plane

Many authors have studied sets, associated with the dynamics of a transcendental entire function, which have the topological property of being a spider's web. In this paper we adapt the definition of a spider's web to the punctured plane. We give several characterisations of this topological structure, and study the connection with the usual spider's web in $\mathbb{C}$. We show that there are many transcendental self-maps of $\mathbb{C}^*$ for which the Julia set is such a spider's web, and we construct the first example of a transcendental self-map of $\mathbb{C}^*$ for which the escaping set $I(f)$ is such a spider's web. By way of contrast with transcendental entire functions, we conjecture that there is no transcendental self-map of $\mathbb{C}^*$ for which the fast escaping set $A(f)$ is such a spider's web.