Produced by Albert R. Broccoli and Michael G. The film is loosely based upon the Fleming short stories " Octopussy " and " The Property of a Lady ", both of which were published in the collection Octopussy and The Living Daylights. For the original short story collection that inspired the film, see Octopussy and The Living Daylights.

Octopussy is a good-natured, occasionally thrilling escapade that boasts an impressive roster of villains, a finely developed heroine, unusually meaty roles for series stalwarts General Gogol and Q, a nuclear bomb and a gloriously stupid title. Yes, Roger Moore has aged to the point where counting the wrinkles is a legitimate distraction. And many valid criticisms can be levelled about plot and credibility. But the good outweighs, or certainly overwhelms, the bad in Octopussy.

Watch the video. James Bond is assigned to find a missing British vessel, equipped with a weapons encryption device and prevent it from falling into enemy hands. The recovery of a microchip off the body of a fellow agent, leads James Bond to a mad industrialist who plans to create a worldwide microchip monopoly by destroying California's Silicon Valley. James Bond investigates the mid-air theft of a space shuttle, and discovers a plot to commit global genocide.

LET'S face it: the sensationally successful and long-lived James Bond films will not quit, and for good reason. They are ''Star Wars'' fantasies for the middle-aged of all ages. No'' in , is actually better than most. The film, which opens today at the National and other theaters, makes no pretense of being based on anything except the Ian Fleming character and the high good humor and wit of the film makers. Agent faces a succession of unspeakable dangers and obliging women with the absurdly overstated, indefatigable waggishness that has outlived all imitations.