Needles US8 (one long cable needle for magic loop, or a set of dpns)
Yarn Sport weight

Cast on 42 stitches.
Join to knit in the round being careful not to twist stitches.

Rounds 1-6: K1, P1 around

For plain hat
Knit every round until hat measures about 3.5″

For eyelet hat
1. *K1, K2tog, YO* around
2 – 3. K around
4. *K2tog, YO, K1* around
5 – 6. K around
Continue these six rows until hat measures about 3.5″

Crown decreases
1. *K5, K2tog* around
2. K around
3. *K4, K2tog* around
4. K around
5. *K3, K2tog* around
6. K around
7. *K2, K2tog* around
8. *K1, K2tog* around
9. K2tog around

Cut yarn. Draw yarn end through six remaining stitches. Weave in ends.