I will try to explain it more adequately and follow up with some photos in the next couple weeks, when I get a non-borrowed computer up and running.
I have the smaller O-ring in the exactly the same slot as you do, but mine isn't as thick as yours. I roll the larger O-ring into position just forward of the smaller one from the "neutral position, ie., in the middle of the manual focusing ring where it puts pressure on the smaller one, locking the zoom. The thicker O-ring can be easily rolled in and out with one hand, either partially in front of the smaller one where it works sort of like the lens band or all the way in front of the smaller O-ring. Either way, the zoom is locked very securely.
I hope you can visualize this setup, though when I add some photos in a week or so, it will, no doubtably, be more clear. My computer guy loaned me this laptop and I don't have any software installed that will enable me to download photos at present.
Kim (the male variety) Canon 1DX2 | 1D IV | 16-35 f/4 IS | 24-105 f/4 IS | 100L IS macro | 70-200mm f/2.8L IS II | 100-400Lii | 50 f/1.8 STM | Canon 1.4X III
RRS tripod and monopod | 580EXII | Cinch 1 & Loop 3 Special Edition | Editing Encouraged