All BOB strollers are designed with the same two steps easy fold system, with a third step to strap and lock the stroller. These steps are listed below, followed with a video on how to fold a BOB stroller.
Step #1 Squeeze levers and fold forward
Step #2 Tug red handle
Step #3 Connect red buckles to lock
To make your BOB stroller even more compact, you can remove both front and back wheels.
Video on How Fold a BOB stroller