„Presets“ are a common feature for several Colors commands. You can find its description in 8.1.1 – „Colors Common Features“.
Component to extract. Default is RGB Red: all layer pixels that have the red component in their color will be extracted to create gray pixels; gray pixel value is that of the red channel (e.g a 153;70;17 RGB pixel will give a 153;153;153 gray pixel).
Invert the extracted component.
Use linear input instead of gamma corrected.
These are common features described in 8.1.1 – „Colors Common Features“.