Start by cleaning the octopus. You will have to remove the eyes and the thick 'beak' at the mouth opening. Turn the hood inside out and discard all the jelly like innards. After rinsing it well under cold running water, set the octopus into a pot with out draining off the water. Cover the pot tightly and set on medium heat. You will steam the octopus in its liquid until it has all been absorbed.

Remove the steamed octopus from the pot and rinse again under cold water and set aside to drain. Cut it up into 3 or 4 pieces and spread olive oil over them. Set the pieces on a grill over hot coals and cook it. Careful, you want the heat to be medium hot or else you will char the meat too much.

To serve, chop up the octopus into bite size pieces. Add olive oil, vinegar, a good sprinkle of oregano and salt and pepper to taste. Take care on the salt as octopus tends to be salty from the sea.