* BaseBreaker: Bond dressing up as a clown during the first climax. Depending on who you ask it's either too silly (even for a Bond film from the RogerMoore era) or it's an acceptable, some daresay even clever, way of showing just how desperate Bond is as he races to avert tragedy.
* CrowningMusicOfAwesome: Goes without saying in a Bond movie.
** "All Time High" by Rita Coolidge is a classic song that holds its own.
* HarsherInHindsight: The way Bond let Major Smythe save face, so to speak, was the opposite of how Bond dealt with Dryden, an MI6 suspected embezzler, in ''Film/CasinoRoyale''.
* HilariousInHindsight: The first climax involves Bond successfully deactivating a nuclear bomb - something he couldn't do almost 20 years earlier in the climax of ''Goldfinger''.
** Kabir Bedi, who plays the evil henchman Gobinda, also appeared in the low budget horror film ''Satan's Mistress'' around this same time with former Bond girl Lana Wood (Plenty O'Toole from ''Diamonds Are Forever'').
* LesYay: There are a couple of looks exchanged between Octopussy and Magda that hint at sexual tension. When Magda protests letting Bond go through with his antics at the circus she sounds like an annoyed girlfriend, and the look on Octopussy's face in response to this practically screams ''Can we please not do this right now?''
* {{Narm}}:
** Bond dressing up as a clown and crocodile.
** During Kamal Khan's literal manhunt, Bond swings through the trees, complete with {{Tarzan}} yell.
* NarmCharm: The infamous scene where Bond is dressed as a clown is actually quite tense and suspenseful, what with nobody taking him seriously while he's desperately trying to warn the generals of the nuclear bomb that's about to go off. "'''Let me go, damnit! There's a bomb in there!'''" What really seals the deal is that we actually see the bomb's counter hit 0, as Bond disarms it at literally the last split-second.
* SoBadItsGood: Has its moments of this.
** SoOkayItsAverage: Generally has a reputation as the most typical Bond movie.
* TheyWastedAPerfectlyGoodCharacter: Octopussy was built up to be quite a formidable woman with her own empire, but the few times she engages in the action she gets beaten rather easily. Kind of a shame considering that actress Maud Adams actually did have good chemistry with Roger Moore.
* UnfortunateImplications: Bond in India is never going to end well. Octopussy still does a lot better than ''Film/IndianaJonesAndTheTempleOfDoom'', but it's still uncomfortably neo-colonialist, especially Bond's remark, after tipping an Indian driver, "that'll keep him in curry for a while!" It's treatment of women - never a Bond series strong point - is poor, and the not-so-subtle implication of Stephen Berkoff's mad Soviet general is that nuclear disarmament and peacenikery are doomed to failure because Reds are evil. [[http://permanentplastichelmet.com/2012/01/17/blogalongabond-octopussy-an-all-time-low/ See here.]]
* WhatAnIdiot: Orlov smashes the ''real'' Fabergé egg. Yikes.