One-Over-Two Bind-Off
This BO pulls the stitches together for a gathered edge. Vogue Knitting says this BO is ideal "[for] pattern stitches that have a great deal of lateral spread, such as allover traveling cables or openwork stitches."
Work 3 stitches. *Insert the left needle into the first stitch. Pass the first stitch over the next two. Work one more stitch onto the right needle. Repeat from *.
Work 3 stitches. *Insert the left needle into the first stitch. Pass the first stitch over the next two. Work one more stitch onto the right needle. Repeat from *.