Futuristic EyeBall (Part 1)

Blending Options-Gradient Overlay

Gradient's parameters:

Make a copy of the new made layer and press the Alt button to erase the lowest part of the ring, applying the following instrument too. Be attentive with the parameters indicated below:

Blending Options-Gradient Overlay

Gradient's parameters:

Select now the shown instrument and choose the appropriate cliché from the next table, that one accentuated with red color:

Blending Options-Outer Glow

Blending Options-Gradient Overlay

Gradient's parameters:

Make two copies of the new layer and then apply the Free Transform setting to make smaller each of the copies, the same way it is demonstrated in the following picture:

Finished!