Eyelet Lace 43 in the round

PATTERN IN THE ROUND
Cast on an even number of stitches.
Round 1: *Yo, k2tog, repeat from *.
Rounds 2, 4, 6, 8, 10, 12, 14, and 16: Knit.
Round 3: *K2tog, yo, repeat from *.
Round 5: *Yo, k2tog, repeat from *.
Round 7: *K2tog, yo, repeat from *.
Round 9: *Yo, ssk, repeat from *.
Round 11: *Ssk, yo, repeat from *.
Round 13: *Yo, ssk, repeat from *.
Round 15: *Ssk, yo, repeat from *.
Repeat rounds 1-16.
Worked flat, see Eyelet Lace 43: Zig Zag stitch