I have a pair of pants that are floods and I never wear them. So I decided to fiddle with my needles and come up with a lace pattern to attach to my pants. And here it is...
Knitted Lace Pattern
Cotton Yarn 4 ply Worsted Weight (I used Peaches & Creme Black)
Size 5 needles
Cast on 5
Row 1: K1, yo, k2tog, yo, k2
Row 2 and every even row: Knit
Row 3: K1, *yo, k2tog* repeat twice, yo, k1
Row 5: K1, *yo, k2tog* repeat twice, yo, k2
Row 7: K1, *yo, k2tog* repeat three times, yo, k1
Row 9: K1, *yo, k2tog* repeat three times, yo, k2
Row 11: K1, *yo, k2tog* repeat four times, yo, k1
Row 13: K1, *yo, k2tog* repeat four times, yo, K2
Row 15: Bind off 8, 1st on right needle, yo, k2, yo, k1
Row 16: Knit
Start over and repeat these sixteen rows until you reach your desired length then bind off and weave in the ends.
I then attached the lace to my pants using cotton thread. Adding over two inches to my pants. I am flooding no more.