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The Squid 

A particular method used by unexperienced girls to give hand jobs. The female (or male) performing the hand job spreads out their fingers and approaches the penis head on, collapsing each digit equidistant around the base of the shaft. To complete the stroke, all five fingers are drawn up the shaft toward the center of the palm unanimously while the palm is drawn away away from the head of the penis. Performed correctly, this should result in a motion resembling a squid swimming.
So last night I was making out with my girlfriend and she tried to give me the squid...
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The Squid 

When a girl sticks a leaking pen inside her pussy and leaves it there for awhile. She then removes the pen and shoots an inkblot like a squid.
Joe: God damn man I was gonna fuck this chick but she pulled the squid on me and I bailed.

Bob: Nice.
The Squid by Wook January 28, 2008

the squid 

A shorthand trader reference to "Vampire squid", most commonly used by traders when referring to American investment bank Goldman Sachs.
The squid really fucked us on that last CDO deal!
the squid by econtutor October 17, 2011

The Squid 

It is an erotic sex position commonly used by necrophiliac marine biologists where the man and woman lie on a bed (with a headboard with bars) with the woman positioned on top of the man with both parties facing the ceiling. The woman tightly grasps her legs around the man's buttocks and the couple then grasps the bars of the headboard. From the top view, it should appear as the body of a squid with the arms of the man will correspond to the arms of a squid.
NOTE: Vaginal use recommended to produce a fish-like smell like that of a squid.
Man, Heather and I tried the squid, and wow, it was so erotic I had a craving for seafood as if her love cup wasn't enough.
The Squid by Mike Carini January 12, 2009

the squid 

a type of dance where the dancers look as if they are made of jelly. squidding is a popular dance to do around the forth of july. the dance is most common among those that have "it."

1. Point feet inward
2. Bend knees
3. Lean over
4. Move your arms back and forth
5. Now you're halfway to having "it"!
Kerry, Alex, Hannah, and Karina were doing the squid at Evans 4th of July extravaganza.
the squid by Declan Devito August 2, 2007

The Squid 

omg the squid is gunna fall out
The Squid by Japeto May 17, 2005

The squid is on the lid 

When the squid is on the lid, the secret is safe.
Don’t tell Daniel about Luisa being in love with him, the squid is on the lid.