 Most squid live in deep water, and in these, the lens of the eye is translucent to ultraviolet light.However, "O. banksii" lives near the surface where ultraviolet light penetrates the water, and the lens is yellow, strongly absorbing blue light.Although this species used to be considered to have a global distribution in tropical and temperate seas, it is now accepted that it is restricted to the north and central Atlantic Ocean and the Gulf of Mexico, with other species in the species complex occupying other parts of its previous range.