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Step 1
Clean the calamari, removing the head and ink sac if necessary, and then the cartilage; rinse thoroughly. Cut the tubes of calamari into rings and make sure the beak has been removed from the tentacles. In a mixing bowl, combine the buttermilk and water, then place the small hand strainer inside the bowl. Add the calamari and toss to coat with the liquid.
Step 2
Add only enough oil to fill the fryer half-full, then heat the oil to 350 degrees F.
Step 3
Meanwhile, in the plastic container combine the cornstarch, flour, cereal, salt, and pepper. Close the container and shake to combine.
Step 4
When the oil is hot, use the strainer to lift the calamari from the liquid, let it drain, and then transfer to the dredge mixture, scattering the pieces so they do not clump. Reseal the container and shake until the calamari is evenly coated.
Step 5
Using the spider and working over a plastic placemat, lift the calamari from the dredge, gently shake off any excess flour, and drop into the oil. Once the first burst of steam settles down, gently push down on the calamari with the spider to make sure that the rings don’t fuse together.
Step 6
Work in batches to avoid overcrowding the oil. Folding the placemat like a funnel, return any excess flour mixture to the container and add more as needed.
Step 7
Allow the calamari to cook until it is just golden in color and floats to the surface of the oil, about 30 to 45 seconds. Remove one ring, cool it briefly, and give it a taste. If the crust has crunch and the calamari feels soft, you can remove the entire batch to the draining rig with a sweep of the spider. If you want a little more color, let it cook a little longer, but remember that calamari gets tough when overcooked.
Step 8
Repeat with the remaining calamari.