Answer:
I sleep by day, I fly by night. I have no feathers to aid my flight.
It flies when it's on and floats coming off.
Where do you go in through one hole and come out through two holes at the same time?
I can be moved. I can be rolled. But nothing will I hold. I'm red and I'm blue, and I can be other colors too. Having no head, though similar in shape. I have no eyes - yet move all over the place.
I weaken all men for hours each day. I show you strange visions while you are away. I take you by night, by day take you back. None suffer to have me, but do from my lack.
I can only be played on a windy day