
Scrap of yarn (any colour you like) - I guess I only used about 10 grams to make up my octopus
Small amount of black yarn
Small amount of fiber fill
2 small black beads
Crochet hook (3mm)
Yarn needle
Fine needle and black thread
Depends on the yarn/hook size that you use, but mine ended up being about 4cm tall and 8cm wide.
Keep the gauge as tight as you can so that the stuffing doesn't show through.
This is another amigurumi style toy - hence it is all worked in one continuous spiral.
ch 3, join with a sl st to form a circle
Row 1: 6 sc in circle (continue in a spiral)
Row 2: 2 sc in each sc (12 sc)
Row 3: *2 sc in first sc, sc* repeat (18 sc)
Row 4: *2 sc in first sc, sc in next 2 sc* repeat (24 sc)
Row 5: *2 sc in first sc, sc in next 3 sc* repeat (30 sc)
Row 6-12: sc around (30 sc)
Row 13: *2 sc in first sc, 14 sc* repeat twice (32 sc)
*4 sc, ch 1, turn* repeat 14 times
*2 sc tog* repeat twice, ch 1, turn (2 sc)
2 sc tog, ch 1, turn (1 sc)
sl st down the side of the tentacle and work another 7 tentacles in the same way.
Work row 14 in the back loops of the first row of tentacles
Row 14: *2 sc tog, sc in next 2 sc* repeat (24 sc)
Row 15: *2 sc tog, sc* repeat (16 sc)
Stuff main body with fiber fill
Row 16: *2 sc tog* repeat (8 sc)
Row 17: *2 sc tog* repeat (4 sc)
Finish off

Add small beads for eyes and using that short length of black yarn sew your octopus a happy smile.
Links:
[1] http://www.ravelry.com/badges/redirect?p=little-octopus-2