This is a wire Gizzmo, they are brilliant and I actually use mine a lot more than I thought I would. I only brought it to try it out and now it is indispensable. They are very cheap to buy and worth having.
Zen Spiral Hoop Earrings Tutorial — Jewelry Making Journal This looks very nice for a beginner. Variations could include hammering for texture, some strategic weaving of thin wire to give it sturdiness, hanging a bead on bottom, etc.