Create a tar file for compressing files and directories on Mac OS X

"OSX ships with tar. From the Terminal, you can do this:
tar czf archive_folder_name.tar.gz folder_to_copy

Replace archive_folder_name.tar.gz with whatever you want to call the newly created archive, and folder_to_copy with whatever is the name of the folder you want to archive."

"I think I found the option:
Right-click on the folder that you want to compress.
Compress option is available."