Evergreen

Double-layer Watch Cap
Mountain Colors handpainted Targhee roving in "Evergreen"; handspun to 2-ply at approximately 500 yd/100g (4-ply or fingering weight). I used about 90g of my 105g skein.
Finished measurements: 20" around (and wonderfully stretchy)
Gauge: 7 st and 9 rows per inch
Needles: 1 US size 2 (2.75mm) 16" circular needle
1 set US size 2 (2.75mm) DPNs


Outer hat
Provisionally CO 140 st. Place marker, join (taking care not to twist stitches around the needle), and knit in the round for 9".

Crown shaping:
1st dec round: Starting at beginning of next row, K12, K2Tog. Repeat to end of round.
Knit 2 rounds even.
2nd dec round: K11, K2Tog. Repeat to end of round
Knit 2 rounds even.
3rd dec round: K10, K2Tog. Repeat to end of round
Knit 2 rounds even.
Continue in this manner, knitting 1 stitch fewer between each K2Tog on each dec round until you've completed the K4, K2Tog round. Change to DPNs when sts no longer fit comfortably on circular needle.
Next round: Knit
Next round: K3, K2Tog
Next round: Knit
Next round: K2, K2Tog
Next round: K1, K2Tog
Next round: K2Tog
Cut yarn leaving a 10-inch tail. Using a needle, thread the end through each of the remaining sts. Pull tight and tie off on the WS. Clip end to about 1". Don't worry about weaving in the end.

Inner hat
Unzip the provisional CO one st at a time and place all 140 st on 16" circ needle. Place marker, join yarn, and knit 9" as before, weaving in the yarn end as you go.

Shape crown and finish as before, but leave the 10-inch yarn end on the outside.

Finishing
Push one side of the hat inside the other, making sure the sides are not twisted. (I ran a thread up one row all the way from one crown to the other, then aligned them to make sure the sides were parallel.) Using the yarn end that was left over from the second crown shaping, sew the two crowns together at the point. Make a small knot on the inside, then thread the needle between the two layers and pull it out about 2" away from the crown. Snip the end close to the hat and stretch to pull the end inside. Voila! The watch cap is completed.