The Script is showing the of any stock for its last 1 year data.
is important to know how stock can perform in panic days.
is best used with Implied .
How to Interpret the Script or How to use it?
The Script show 5 parts the lowermost is lowest HV in last year & the highest part shows highest in the past 1 year.
Use this on a DAILY CHART only.
Now Take the IV (implied of stock) and put that figure in between the HV and check in which part current IV resides. based on that you can determine how OPTIONS premium or how much it INFLATED or DEFLATED.