This stitch from episode 23 of YaT is the Cats Eye Stitch. It’s a fun little stitch that leaves some cute holes in your work. Enjoy!
Cats Eye Stitch
Multiple of 4
Row 1: P2, *wrap to M1, P4 tog*, P2
Row 2: K2, *K1, (K1,P1,K1) in made st*, K2
Row 3: Knit
Row 4: start repeating at row 1