If you set up a click binding in Knockout the event is passed as the second parameter. You can use the event to obtain the element that the click occurred on and perform whatever action you want.
Here is a fiddle that demonstrates: http://jsfiddle.net/jearles/xSKyR/
Alternatively, you could create your own custom binding, which will receive the element it is bound to as the first parameter. On init you could attach your own click event handler to do any actions you wish.
http://knockoutjs.com/documentation/custom-bindings.html
HTML
<div>
<button data-bind="click: clickMe">Click Me!</button>
</div>
Js
var ViewModel = function() {
var self = this;
self.clickMe = function(data,event) {
var target = event.target || event.srcElement;
if (target.nodeType == 3) // defeat Safari bug
target = target.parentNode;
target.parentNode.innerHTML = "something";
}
}
ko.applyBindings(new ViewModel());