Eye-let Cowel

 So let's do this thing! First, cast on 162 stitches, place marker, and join in round. Then we'll knit the following set-up rows:

Set-up Rows 1 - 4: purl

Set-up Row 5: p80, place marker, purl until end of round

And once those are done, we'll move on to the main pattern, which is Simple Eyelet Pattern from page 168 of Barbara G. Walker's A Treasury of Knitting Patterns. And we'll proceed as follows:

Row 1: knit, slipping extra marker when you come to it

Row 2: knit until you reach first marker, m1r, slip marker, k1, m1l, knit until end of round

Row 3: * k6, yo, k2tog * until you're one stitch before first marker, k1, slip marker, k3, * yo, k2tog, k6; rep from * until you reach end of round

Row 4: knit until you reach first marker, m1r, slip marker, k1, m1l, knit until end of round

Row 5: knit, slipping extra marker when you come to it

Row 6: knit until you reach first marker, m1r, slip marker, k1, m1l, knit until end of round

Row 7: * k2, yo, k2tog, k4 * until you're three stitches before first marker, k3, slip marker, k5, * k4, yo, k2tog, k2 * until you reach end of round

Row 8 - 10: repeat rows 4 - 6

Row 11: * k6, yo, k2tog * until you're five stitches before first marker, k5, slip marker, k7, * yo, k2tog, k6; rep from * until you reach end of round

Rows 12 - 14: repeat rows 4 - 6

Row 15: * k2, yo, k2tog, k4 * until you're seven stitches before first marker, k2, yo, k2tog, k3, slip marker, k1, * k4, yo, k2tog, k2 * until you reach end of round

Row 16: knit until you reach first marker, m1r, slip marker, k1, m1l, knit until end of round

Knit rows 1 - 16 two times, and then knit rows 1 - 15 again (this piece would probably also look nice if you knit rows 1 - 16 three times, and you'd still have enough yarn to do it if you're using the same). Knit one final row around, removing extra marker when you do so. Then complete the final edging rows:

Edging Rows 1 - 5: purl

Once these are complete, bind off loosely and tuck in ends. Block, allowing purled edges to continue to curl under when you do so.