This is a basic ring band making technique. Try using non-festive colors for a different look.
I made a mistake when adding the second layer of white beads. You should restring the green bead (missed in the instruction at ~4:13) and then the two white beads and add two more white beads for the first set. Afterward, just restring the two white beads and add two white beads.
Materials:
Size 11 seed beads - green, red, white opal
Fishing line about 30 cm in lenght