The Oculus is a Unique Wand in Diablo IV Season 15. It comes from Grigoire, the Galvanic Saint (Lair Boss loot table).
Unique power
Each enemy hit by Teleport increases the damage by 10-15% and reduces the Cooldown by 0.5 of the next Cast. Becoming Injured will Teleport you to a random location.
Affixes
1,726 Damage Per Second
[1,152 - 1,726] Damage per Hit (1,152 - 1,726)
1.20 Attacks per Second (Very Fast)
+1-3 to Teleport (1-3)
Where it drops
Grigoire, the Galvanic Saint (Lair Boss loot table)