2013 update: This pattern was one of my older, more amateur efforts, but has been revamped and re-released to meet my current professional standards- I'm pleased to introduce the new and improved Floopy!
This classic stocking cap is so floppy it’s downright floopy! The striping shown is just a suggestion- try any color combo and stripe scheme you can think of! Makes a great elf hat, or add a pompom and you’ve got Santa! A tassel at the end wouldn’t be unwelcome either (for that ole-timey nightcap vibe.)
You can check out Floopy on Ravelry here, or...
It's floppy, it's goofy, and it's warm as hell. I love it ;-)