Setting: a town near the sea in Europe.
Conflict: an orange octopus and a pink octopus vs a man whose job is to deliver the orange octopus.
Climax: two octopuses succeeded in running away from the driver, but the orange octopus was caught by a bird.
Symbol: two octopuses mean man's desire, and the sea means disaster.
Irony: the octopuses want to run away, but the driver want to get the octopuses. Finally the bird get the octopus.
Theme: don't be greedy.