This project proposes a mixed low-rank approximation and second-order tensor-based total variation (LRSOTTV) approach for the super-resolution and denoising of retinal optical coherence tomography (OCT) images through effective utilization of nonlocal spatial correlations and local smoothness properties. OCT imaging relies on interferometry, which explains why OCT images suffer from a high level of noise. In addition, data subsampling is conducted during OCT A-scan and B-scan acquisition. Therefore, using effective superresolution algorithms is necessary for reconstructing high resolution clean OCT images. In this project, a low-rank regularization approach is proposed for exploiting nonlocal self-similarity prior to OCT image reconstruction. To benefit from the advantages of the redundancy of multi-slice OCT data, we construct a third-order tensor by extracting the nonlocal similar three-dimensional blocks and grouping them by applying the knearest-neighbor method. Next, the nuclear norm is used as a regularization term to shrink the singular values of the constructed tensor in the non-local correlation direction. Further, the regularization approaches of the first-order tensor-based total variation (FOTTV) and SOTTV are proposed for better preservation of retinal layers and suppression of artifacts in OCT images. The alternative direction method of multipliers (ADMM) technique is then used to solve the resulting optimization problem. Our experiments show that integrating SOTTV instead of FOTTV into a low-rank approximation model can achieve noticeably improved results. Our experimental results on the denoising and super-resolution of OCT images demonstrate that the proposed model can provide images whose numerical and visual qualities are higher than those obtained by using state-of the-art methods.