#implied volatility calculation

[princessjojo-x]

Taurus Mars

💝 his natural ability to remain patient & quiet evokes mixed reactions from others. some perceive him as pleasant, comforting & reliable. others read him as apathetic, intimidating & dispassionate. others struggle to read what’s going on beneath the surface bc his emotional responses are subtle & understated. eople may struggle to interpret his silence—is he indifferent, deep in thought, or simply unbothered? he internalizes his feelings, allowing them to settle before showing any outward response. he’s innately a tranquil & grounded individual. stillness is so engrained in him that any other reaction during distress feels superficial to him. he definitely processes emotions at a slower rate compared to air & water signs.

💝 he retains a very long fuse & most things don’t faze him. if anyone irritates him he’ll keep it classy & keep a distance. he resists in indulging in displays of volatilities due to his preference of peace & his desire for stability. he takes time to understand his feelings & others feelings before responding. it takes a great deal to push him to retaliation due to his tolerant & stoical nature.

💝 however, this doesn’t imply his anger is weakened whatsoever. he automatically suppresses anger inside his body & allows it to ferment for years. wherever taurus falls in your chart highlights the parts of yourself that move at a slower pace & the things you have a harder time letting go of. therefore, when taurus falls into mars it produces a man who is tremendously slow to anger & even slower to let go of anger.

💝 perhaps this explains why abuse is almost always assigned to the taurus-scorpio axis & many abusive public figures happen to have a taurus mars (adulf hitler, osama ben ladin, michael jackson, jimmy savile & so on). mars doesn’t operate at its best capability when in taurus & mars becomes unmoving when in taurus. therefore, he struggles to find viable ways of channeling his slow burn energy. this can manifest as him eventually expressing his martian energy in a bad way (rape, violence, homicide).

💝 despite him being one of the least abrasive & aggressive signs, his relentless persistence makes him a formidable opponent. he approaches conflict with a slow & steady strategy, rather than quick & aggressive motions. his diligent & methodical approach ensures a carefully planned retaliation. although others are the ones to start fights with him, he is always the one to finish the fights. he excels at outlasting his opponents & has very poor conflict resolution. he holds onto things & won’t let them go, to avoid losing control of protecting itself.

💝 he may move through life quite slowly bc he finds comfort in taking his time. he likely had to work harder than most in regards to education & career since he’s such a slow learner/starter. he adopts the steady, calculative & enduring pace of mother earth. he exhibits a measured & persistent pace instead of hurried & impulsive actions. nobody ever needs to remind him to think things through bc that's his default move. he always assesses the situation carefully before taking action. he possesses a good sense of forethought & thinking before action, with the ability to tune in to not-so-seen aspects in individuals & situations. however, he lacks the ability to take swift & decisive action, which leads to plenty of procrastination, missed opportunities & stagnation. some may perceive him as lethargic & attempt to pressure him to move at their pace but he will stubbornly dig his heals into the ground. offering him external motivation or the possibility of an award can help encourage him. he’s extremely selective in his pursuits & he’s willing to wait. he will impose action only when he is ready, not when he is told. the plan has to be in order before hand, the resources must already be accumulated & a strong foundation must already be built. his motto is “slow & steady wins the race”. despite being slow to start & doing a lot of growndwork before hand, once the wheels start turning, he will see things through to the end & it’s actually hard to make him stop. when he makes a decision, best believe it’s final & he won’t budge without good reason. he can easily slip into a "point of no return" mentality so its important he leaves room for a change of plans. despite not being fast or adaptable, he holds immense perseverance & strength. he resembles a rock standing still even when a tsunami comes. his resilience, patience, commitment, stamina & consistency are his biggest strengths. he puts so much time/effort into the process that failure completely devastates him!

💝 he often enforces rules & repercussions so he’s labelled as controlling. when others get close to him, they assume they're immune to these expectations & get comfortable breaking his rules. but it’s shaking up his comfort that makes them his enemy. others don't even realise or give him enough credit for how much patience & leniency he gives before he eventually puts his foot down.

💝 since taurus is detriment in mars, issues with self-worth & self-destruction may be a side-effect for him. he may take on todays encounters with repressed & recycled memories which are decades old. despite him seeming calm on the outside, his old wounds are freshly bleeding & his invisible scars can inflame at any moment. sometimes his resentment flows with such volatility & unpredictability that you wonder if it will ever stop or where it came from. it may express itself as harbouring self-contempt for his choices, his life, his body, or everything at once. its a poisonous self-hatred, self-punishment, self-denial, self-malignant or a lack of conviction that he deserves anything worthwhile. he may self-destruct by over-consuming pleasure until it becomes poison or giving into impulsive urges that promise short-term relief at the cost of long term comfort (spending his rent money, drinking until he’s physically ill, etc). however, he may self-destruct via the opposite route, by severely self-restricting in order change something within himself or punish himself further after failure (compulsive measuring of every dose, forcing harsh lifestyle regimes on himself). however, he has tremendous stoicism & prefers to keep his worries to himself. he is the strong & silent type, constantly enduring his deepest struggles completely alone.

💝 when he’s attracted to someone he’ll take his time to get to know her. it may take him awhile to come around but once he does, he’s easy & simple to read, meaning she’ll never be left confused or have to question where she stands with him.

💝 in regards to his love life, he struggles to let go & move on. however, this attachment is not emotionally driven, it’s stubbornness & resistance.

💝 amongst all the mars signs, he is definitely the most sensual. however, in many cases to finally liberate this side of him, it took many inner battles & heroic victories, that became stories he has never spoken about.

💝 he has a ravenous sexual appetite & indulges in intimacy as a comfort measure. a positive & ongoing sex life is very important to him. if his sexual needs aren’t fulfilled his overall mindset will be negative, withdrawn & stubborn. to him, sex is like breathing air, he can’t live without it. he’s very comfortable with his body & his sexual desires. sex could potentially become his dirty little secret, which develops into him living a double life. he believes good sex equals a good rxship. consequently, his rxships are highly based on sexual & intimate compatibility. however, he still has a strong need to pleasure himself even in committed rxships (taurus is all abt self-reliance & self-sustainment).

💝 all earth signs mars have a natural tendency to separate love & sex but taurus mars is most prone to this. he tends to have difficulty abstaining from sex so if there’s no one in his life who matters to him, he is still going to look for sexual partners. sexual involvement with him does not necessarily mean that a rxship with him is underway. in this sense, more gentle types could find him too careless & direct.

💝 sex with him is slow & prolonged. he’s patient & slow to turn on, like an oven instead of a microwave. his sexual stamina is long-lasting & steady, usually taking awhile to reach climax. he has a pretty good notion abt what it takes to bring pleasure to others since he’s so in tune with his senses. however, he can be lazy in bed, expecting her to do most of the work.

💝 he may have a complicated rxship with food & food may be connected to his trauma in some way: an eating disorder, strict parents, limited finances, etc. if he wasn’t able to indulge in food during his childhood, he may use food as a source of healing in adulthood. he likely eats the same foods bc he finds security in what he knows & loves.

Turn On’s & Off’s:

💝 he craves a full sensory experience - whether it’s the feel of her skin, the taste of her lips, or the intoxicating scent of her presence. therefore, attempt to please his senses: touch, smell, hearing & taste. this can be achieved through blindfolds, candles, feathers, warmth, silk sheets, sensual sounds, etc.

💝 physical touch is especially important to him: massages, foot rubs, tender kisses, cuddles, stroking, caressing & body worship. if you deny him affection or sex for too long he will be offended asf.

💝 remember… his neck is his erogenous zone! kiss & squeeze his neck. talk into his neck. gifts him a necklace.

💝 he enjoys lovemaking on a full stomach or involving food in the bedroom (whipped cream).

💝 he’s attracted to earthy types who are stable & patient. ensure to match his calm energy & steady pace. if you‘re going to be rough or surprising ensure it’s gradual & prepare him first.

💝 typically, he’s physically attracted to older or dominant women with dark features & curvy bodies.

💝 he has a hunger to devour & be devoured.

💝 arrive baring gifts & kind words.

💝 he maybe into bum play, gigolo roleplay & mutual oral.

💝 all earth signs mars want to be comfortable with you before they sleep with you.

💝 he dislikes his lover failing to show appreciation, being incompetent & criticising him.

💝 a dirty bedroom or lack of after care can ruin the experience for him too.

💝 people who complain a lot & don’t appreciate the small simple things, people who tell them what to do, being rushed, passive aggressiveness, bad manners, disloyalty, sneakiness, bragging, lying.

Compatibility:

[darkmaga-returns]

Let’s start with a price chart and profile of Moderna (ticker MRNA):

Down from a high of over 400 bucks in September 2021 to just 40 bucks at close of business last Friday – a fall of 90% from its peak.

From here (h/t another Peter H).

Moderna Sees Unusually High Options Volume (NASDAQ:MRNA)

“Moderna, Inc. (NASDAQ:MRNA - Get Free Report) was the recipient of unusually large options trading on Friday. Stock investors purchased 127,231 put options on the stock. This is an increase of 86% compared to the average volume of 68,321 put options.”

In the context of the 15-billion-dollar market capitalisation of Moderna the purchase of these put options is not large. The article does not mention the expiry date, the strike price or the price paid.

From Brave AI, the implied volatility for Modera options is described thus:

· “For January 2025 options, the implied volatility in the put contract example is 69% (in the “Interesting MRNA Put And Call Options For January 2025” snippet). · For February 2025 options, the implied volatility in the put contract example is 63% (in the “February 2025 Options Now Available For Moderna (MRNA)” snippet).

Around 65% implied volatility. This means that the price of Moderna must exceed, say, 65% annual volatility in the next month or so – you can guesstimate the assumed future share price using the one or two month volatility - by dividing the annualised volatility by the square root of 12 divided and the number of months -

the implied share price is the current share price of 40 bucks adjusted for a whole month (January expiry) of annualised volatility of 69% divided by the square root of 12 = divided by 3.5 = 20%

and the February expiry by the square root of 6 = divide 63% by around 2.5 = 25%

Long story short, the put options will not begin to pay off until the Moderna share price drops by 20% - around 8 bucks to 32 dollars in January and by 25% - 10 bucks - to 30 dollars in February, Participants in the market will have much more whizzy calculations to adjust for trading days and will also use volatility surfaces to get more accurate option prices.

What else is going on with Moderna?

[godconsume]

it may not be a concern of yours, but it is a concern of mine. || @aelirus

when rainbow rocket had been concocted, when it had been just a budding theory, sakaki knew he only wanted the best, the finest. he had utilized the technology that could achieve the impossible to scour each timeline, each universe, each gaping wormhole, and evaluated its contents. he had seen worlds in which he failed, in which he succeeded. worlds where others saw similar successes and failures.

like arceus itself, he had reached out and plucked those successes from the streams of time and into one, singular continuity, much the same as one may put together a team of pokemon. calculating the weaknesses of each, the strengths, how they complemented and flowed into one another.

cyrus was one of his easier picks. the one he doubted the least, who was the least volatile.

for as stern and stone-cold as he acted, he was still young and malleable. wise in knowing what alliances would suit him, yet influenced by a greater social power he could not fully contend with.

" i understand, " sakaki hummed in a tone that implied false empathy, turning the toy in his hand to examine it closer. " i value your perspective and thoughts, cyrus--and i hope you value mine as well. "

sakaki was smiling, but his gray eyes were cold when they met cyrus's gaze.

" while you're here, i hope to see you grow and flourish into your role as part of rocket's rebirth--which may involve sometimes stepping outside of your comfort zone, and letting go of certain things. "

certain weaknesses. certain connections to humanity.

sakaki pocketed the toy.

" i'll be borrowing this--i think it will provide me with an interesting new perspective. "

[unpluggedfinancial]

You Get Bitcoin at the Price You Deserve: A Reflection

In Bitcoin circles, a common saying goes, "You get Bitcoin at the price you deserve." This phrase has intrigued me since I first heard it. It seems to encapsulate a mix of wisdom, irony, and a touch of harsh truth. As someone who has delved deep into the world of Bitcoin, both as an advocate and an investor, I find myself pondering the weight and meaning of this statement.

Historical Context

Bitcoin's journey has been anything but smooth. From its humble beginnings as an obscure digital experiment to its current status as a global financial phenomenon, Bitcoin's price has seen wild fluctuations. Major events, such as regulatory crackdowns, institutional adoption, and technological advancements, have all played a part in shaping its market value.

Personal Reflection

When I first encountered Bitcoin, I was skeptical. Like many, I missed the early opportunity to buy it when it was dirt cheap. As the price soared, I regretted not jumping in sooner. However, as I began to educate myself about Bitcoin and its potential, I started to see the merit in this saying. At first, I kind of liked it because it made sense—if you put the work in to learn about Bitcoin, then you buy and benefit. It felt like a reward for diligence and effort.

But over time, my feelings about this phrase have evolved. It’s not just about buying low and benefiting financially. It’s also about the journey of learning, understanding the technology, and appreciating the broader implications of Bitcoin. The more I invested my time and effort into understanding Bitcoin, the more I felt I deserved the gains I reaped.

However, navigating the world of Bitcoin isn't just about personal effort. It's also about sifting through the noise created by the propaganda machine and misinformation. The mainstream media and various interest groups often portray Bitcoin in a negative light, highlighting its volatility and association with illegal activities, while downplaying its potential as a revolutionary financial technology. This misinformation can deter people from investing or understanding Bitcoin, making the saying "You get Bitcoin at the price you deserve" even more complex. It's not just about individual effort but also about overcoming external biases and misinformation.

Philosophical Exploration

The phrase suggests a deeper philosophy about merit and foresight in financial decisions. It implies that those who educate themselves, take calculated risks, and act decisively are rewarded accordingly. Conversely, those who hesitate or act without understanding may face less favorable outcomes. It's a reflection of the broader principle that in finance, as in life, we often reap what we sow.

Community Perspectives

I’ve spoken to fellow Bitcoin enthusiasts and advocates, and their interpretations of this saying vary. Some see it as a simple truth about market dynamics and personal responsibility. Others view it as a reminder to stay vigilant and informed in an ever-changing financial landscape. A few even find it a bit harsh, feeling it disregards the unpredictable nature of markets and the role of luck. These differing perspectives highlight how this saying can be both motivating and cautionary, depending on one’s viewpoint.

Conclusion

In the end, "You get Bitcoin at the price you deserve" serves as a powerful reminder of the importance of education, timing, and decisiveness in the world of cryptocurrency. While it may not fully capture the complexities of market dynamics and individual circumstances, it encourages us to reflect on our actions and decisions. As I continue my journey with Bitcoin, I hold this saying close, not as a judgment, but as a motivator to stay informed and proactive.

What about you? How do you interpret this saying, and what has been your experience with Bitcoin? Share your thoughts and let’s continue this conversation.

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[8bitsupervillain]

Higurashi When They Cry Hou Ch. 3 Tatarigoroshi pt. 9

The teacher Chie listens to Keiichi talk about how they suspect Satoko is going through terrible abuse. The chapter ends and then we move on to Keiichi approaching Mion about the idea that the Sonozakis, Kimiyoshis, and the Furudes are behind the Oyashiro sacrifices.

Mion seems pretty relaxed about the rather heavy allegations Keiichi is throwing around. Still though, given all the abuse he's hurled at her she takes it all in stride, rather admirably so.

Kidnapping and extortion is one thing Keiichi but murder? Even though they totally killed the dam foreman? Your words are like spears Keiichi. Also you don't know about the murder/torture shack on the Sonozaki family grounds in this timeline Keiichi.

Seriously Keiichi, how are you so easily read? Mion took one look at you and deduced Takano was the one who implied Mion was behind the curse killings. Although it does play rather well into the time loop theory, that only Keiichi doesn't remember it.

It's kind of interesting that they haven't actually shown us the Sonozaki matriarch. I know in the previous scene there was a housekeeper who mentioned having done stuff for her before leaving, but it just seems peculiar that they haven't actually had her interact with anyone. It's like with the mayor Kimiyoshi, they get mentioned as having done things, but don't actually appear on-screen, only to presumably die later.

The three arrive at school, and hey presto, there's Satoko looking none worse for the wear. Keiichi is filled with doubts, but ultimately doesn't press on it while Satoko mentions her annoyance at having social services called on her uncle. Then Rika is able to overpower and drag Keiichi out into the hall. Where they have a conversation with the teacher Chie.

With the information that we learn from this bit I can't help but wonder, why does Rika know this? You can handwave that she knows about Satoko's phony call to the child protection agency as something Satoko told her about, but the rest of it?

I know that most of this is framed as Chie was the one telling Keiichi this, but Rika more or less confirms that version of events she says. Is Rika secretly a mind-reader?

What a rather ominous thing to say Chie.

Ah, there we go, back to more savory conversations like cannibalism.

Well shit.

What follows is a very uncomfortable scene of Satoko basically mentally going through all of the abuse she has gone through throughout the chapter (perhaps more, but I'll say it's just for the past few in game days). Keiichi tries to make things better by talking to Satoko, but only succeeds in making it worse all the while. Culminating in:

It's an extreme overreaction, but I don't really blame Rena for this because of the sheer emotional volatility of what's going on. Emotions are running high, and it's extremely hard to keep your cool in a situation like this.

Satoko tries to play it off, but honestly if I were the teacher I would probably pull Satoko, and Rena out of the class to try to get to the bottom of what's happened.

Anyway, shortly after this Keiichi turns into a thriller villain and starts thinking about how he can commit and get away with killing Tekken Houjou. It gets kind of silly, there are scenes in the Ace Attorney games where the cartoonish murderer of the episode is soliloquizing to themselves that are less silly than this boy who plans to murder a full grown adult. Which I have doubts he'll be able to pull off.

He's gonna cut himself on all that edge. Shortly after this Rena tries to see if Keiichi's alright after all that's just happened and he reacts coldly. Mion notices that he looks different than usual, his eyes are more... shifty? Calculating?

I'm starting to think we might not even get to see Watanagashi happen this go around. Which might be for the best, I don't know how I'd handle another bout of extreme emotional whiplash. Hey, maybe Tomitake will get to survive this time by virtue of the chapter ending before he's officially whacked.

I had originally intended the following to be a separate post, but I don't really feel like posting much in the way of screenshots.

The TL;DR is: Keiichi is a terrible criminal mastermind. Would've thought the fourteen year old could be a better murderous schemer, but alas.

Chapter nine is basically about how Keiichi plans to kill Teshar Houjou. He keeps going over the particulars of how to enact and get away with the devilish deed. Basically, he's going to take the bat Satoshi had left behind and acting like this is fucking Excalibur is going to beat him to death. The problem with this plan is he plans on making this "a perfect crime." So that he and everyone else can go back to living their peaceful lives only without the spectre of Tasigur's violence living over Satoko and the rest of them. Initially the plan consists of attacking him in his apartment and then whisking the body away to its hidden forest burial ground. Eventually he concedes the plan would work better if he can ambush Tav in the small wooded path behind his apartment building instead.

Keiichi sells himself on this being a completely perfect plan, despite its myriad flaws. His scheme to assault the uncle is based on the notion that he'll call out Satoko's uncle to the shrine grounds where the festival is being held, and he'll ambush and kill him on the wooded path. Why Tengen Toppa Guren Houjou would use the woods path instead of the main street outside his apartment is anyone's guess. Fair credit to Keiichi, he does eventually realize the plan has one fatal flaw in that he doesn't know if he can actually win a fight against Torrent Houjou. It's one of many flaws, but baby steps. However this momentary doubt is swallowed by him criticizing himself because he remembers the completely miserable existence of Satoko so he resolves himself for his flawed plan.

Leaving aside the idea that Keiichi, an admitted not physically fit individual is going to overpower and murder a man "who looks like he can fight," this "perfect crime" has problems. His plan is to kill Houjou in such a way that it looks like he just ditched town, but he plans on beating him to death with a baseball bat. No matter how you look at it that is going to be a very messy method of death. Then he has to drag the corpse to the area he's decided to bury him. Which, again, Keiichi admits he's not a particularly strong or fit individual. So if he drags the corpse he'd basically just be leaving a direct line to the abandoned corpse. Then there's the notion that he's going to do this after he digs the hole to plant the body (he wisely decides that he shouldn't try to dig the hole after killing Tidal Houjou). I don't care how physically fit you are, you're gonna be pretty gassed after digging a hole large enough to dump a body into. Let's be charitable and saw Keiichi gets up bright and early on the day of Watanagashi, and goes to where he decided to dump the body. Assuming the place is empty, which isn't guaranteed because everyone will be pretty amped because of the festivities, he takes his shovel and digs the hole, and it takes let's say three hours to do this. He'd be pretty wiped from digging this hole in the middle of the June heat. Not to keep harping on it, but he says he's not in the best shape physically so his arm muscles would be sore as can be. That's stacking the deck against himself when it comes time to do the deed and ambush Houjou. Assuming it all goes swimmingly, what will he do when someone inevitably notices the nice new chunk of freshly dug up dirt? Even if everyone assumes that Tito Houjou fled Hinamizawa again, someone is bound to notice the hole.

But whatever, Satoko looks miserable, and so Keiichi tells himself to quit being a puss-wagon and get on with it. He decides to enact phase two of this doomed scheme, and call Mion, to get her to take Satoko to the festival. Even without the freakout Mion has as a result of this conversation it should be pretty obvious why this is a bad idea on Keiichi's part. Mion has a bad reaction to Keiichi's phone call because wouldn't you know it last year Satoshi called and asked her to take care of Satoko for just one day and then promptly died. Oh sorry, transferred. To the afterlife.

In this version of the timeline Mion doesn't seem to be quite as bloodthirsty as she had in prior Chapters. So Keiichi is taking a massive risk by basically trying to rope Mion into his conspiracy to commit murder. Sure Mion this time around seems slightly more easily cowed than the last times, but it's still a needless additional risk to his "perfect crime." Especially since the cops are probably still suspicious of the Sonozaki family and they might just think she had something to do with Turducken Houjous disappearance.

Well hell, what do you know, he was actually able to do it. Egg on my face. This is chapter 10 by the way. In case you're curious, it's the mangagamer version and not the modded version because I'm not on my usual computer at the moment.

[stockmarketinstitute01]

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Read More: https://www.icfmindia.com/blog/learn-technical-analysis-of-stocks-nifty-proven-strategies-that-work

[snehamehra2]

Reddit Post: Understanding LTP in Option Chain – Why It Matters for Traders

I wanted to shed some light on a term that often causes confusion for beginners – LTP in option chain.

LTP (Last Traded Price) refers to the most recent price at which a particular option contract was traded. While it may seem like a useful indicator, relying solely on LTP can be misleading. That’s because options aren’t always highly liquid, and the LTP might be from a trade that occurred much earlier in the day – not reflective of current demand or value.

This is where tools like LTP Calculator can help. They give you real-time analysis beyond LTP, including bid-ask spreads, volume, open interest, and implied volatility – which are much more reliable for decision-making.

So next time you look at an option chain, don’t just go by the LTP. Check how fresh that data is and cross-reference it with other key metrics. Smart trading = informed trading!

Let’s discuss – how do you personally use LTP when analyzing option chains?

Visit us-: https://www.ltpcalculator.com/

[eridan-ampra]

Precisely why Stephen Cohen'S Trading Strategies Resonate With Blackrock'S Threat Monitoring Culture

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Verdict

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[jocelynsfairbank]

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Final Thought

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[intradayscreener]

Master the Market with Smart Intraday and Options Picks

Understanding Intraday Trading in Today’s Market

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[aishangotome]

Gu Zhao (顾昭)

-

LETTER

Princess, personally open this:

Princess's actions are unconventional, quite unexpected. You've only been back in Shengning for a short while, yet you've managed to stir things up considerably.

Since I took command of the Dragon Martial Army and received the title of "General Yunhui," I've heard plenty of insincere praise. You are the first to so vehemently accuse me of manipulating power for personal gain. However, many matters are intricate and complex. The Princess should not draw conclusions based solely on appearances.

Regardless of the Princess's opinion of me, allow me to offer a word of caution. The political landscape is currently volatile, and it is not something the Princess alone can control. Withdrawing in time may not be a bad strategy. I will say no more. The Princess should make her own choice.

Gu Zhao

I've been busy managing Jiaren Fang recently and haven't paid my respects to Father Emperor for a few days.

Taking advantage of the fine weather and calculating the time court would dismiss, I arrived outside the side hall only to hear a commotion.

Minister A: This callow youth relies on the Emperor's favor and has become far too arrogant!

Minister B: If you ask me, as the son of a disgraced official, he's utterly unworthy to hold office, yet he dares to act self-important!

You: ...Are they talking about Gu Zhao?

The universally acknowledged "son of a disgraced official" – he's the only one in the entire court.

It seems the dispute in the imperial audience hasn't been resolved, yet this ridiculous group can only bicker outside the hall.

Minister A: If we fail to stop him from implementing the military meritocracy, and he succeeds, we'll be half to blame!

I'd heard my second brother mention this term. The civil and military officials had been debating it endlessly, causing a great uproar for more than just a day or two.

It seems Gu Zhao has truly incurred public wrath.

You: May I ask, esteemed sirs, what is wrong with the military meritocracy?

I walked closer and suddenly asked. The ministers who had been engrossed in their complaints were all taken aback and hurriedly bowed.

Ministers: Greetings, Your Highness Princess.

Minister B: Your Highness Princess, please understand. Our Dacheng is a land of propriety. How can we reward the valor of common soldiers based on their acts of killing!

Minister A: Exactly! This action by General Gu… I see it as nothing more than using his power for personal gain!

You: Comparing defending the borders and protecting the country to the slaughter of brutes… I wonder what the soldiers who fight to the death would think upon hearing these words.

You: Moreover, punishment doesn't spare even high officials, and rewards don't overlook even commoners. How has this become using power for personal gain?

Minister B: Uh… Princess is young and inexperienced and doesn't understand the extensive implications of this matter…

Minister B: If ordinary people can be granted noble titles based on killing, wouldn't that encourage violence and undermine the very foundation of our society?

I almost couldn't help but laugh. This was just another way of calling me young and ignorant.

If they couldn't win with reason, they would resort to labeling others. In that case, I had no choice but to give them a taste of their own medicine.

You: But Father Emperor has not rebuked General Gu for this. Are you suggesting that Father Emperor is old and senile?

Minister A: …What… This old official would never dare to imply such a thing!

Ministers: We wouldn't dare!

They all knelt down in a flurry. I almost forgot that these old ministers had this trump card to shut people up.

You: Esteemed sirs, please rise. This princess has been rude and presumptuous today. I hope you can forgive me.

Reasoning with them was futile, and bickering seemed childish. It left one feeling suffocated and unwilling to disturb Father Emperor's peace.

I quickly left the side hall, thinking about how Father Emperor had to deal with these people day after day. No wonder his hair had turned white so early.

I had only walked a few steps with my head down when I suddenly bumped headfirst into someone's chest.

You: Oof...

???: Why does the Princess have her brows furrowed like this?

The person steadied me, but the tone of their voice, with a smile that didn't quite reach their eyes, gave me a very bad feeling.

I rubbed my forehead and looked up. Sure enough, it was Gu Zhao.

The very person who had stirred up a bellyful of anger in me!

You: General Gu, wasn't stirring up trouble at the court enough? Did you have to come here and add fuel to the fire?

Gu Zhao: It wasn't I who angered the Princess.

Gu Zhao put on a solemn face, but the obvious upward curve of his lips made his pretense so casual that it was even more infuriating!

You: You heard everything just now?

Gu Zhao raised an eyebrow, a silent acknowledgment.

Gu Zhao: I assumed the Princess disliked me very much.

You: Your assumption was correct. And I'm not exactly pleading your case with those ministers; I just wanted to say a few words on Father Emperor's behalf.

Gu Zhao: Oh?

You: As officials, they should be objective, rational, and have clear minds. What was with that childish argument they were making? They've lived all these years for nothing.

Gu Zhao: They've always prided themselves on being upright and outspoken officials. If they heard the Princess's assessment...

Gu Zhao completely dropped the pretense, his eyes and brows full of amusement.

You: I wouldn't be afraid to say it to their faces either...

Despite my words, my voice couldn't help but soften.

Gu Zhao: The Princess really doesn't need to bother with people like them.

You: General Gu is trying to persuade me not to be angry?

Hearing my words, Gu Zhao still looked as if it were none of his business, as if the ministers hadn't been scolding him.

Gu Zhao: Rome wasn't built in a day. I'm trying to persuade the Princess not to waste her efforts.

Gu Zhao: If a few words could change things, Dacheng wouldn't be the Dacheng it is today.

Without waiting to see if I understood, Gu Zhao said what he wanted to say, gave me a slight bow, and turned to leave – how carefree he was!

Since returning to Shengning, he first saved me in such an easily misunderstood way, and every subsequent action and word has been full of hidden meaning.

He doesn't seem to harbor ill intentions towards me, yet his attitude is always cold and unyielding... Just what kind of person is Gu Zhao?

You: General Gu, please wait.

He only tilted his head slightly, too lazy even to turn around.

You: I heard you're taking new recruits to deal with bandits?

Gu Zhao: Yes.

You: I want to go too!

Gu Zhao finally turned to look at me. His reaction... was quite interesting.

Gu Zhao: The Princess said she wants to go where?

You: Deal with bandits. I want to go deal with bandits with you.

Gu Zhao's usually arrogant face went from indifferent to puzzled to incredulous, and finally seemed to find my words very amusing.

You: ...It's the first time I've discovered that General Gu can have so many expressions.

Gu Zhao: It's also the first time I've discovered that the Princess can be so naive.

Gu Zhao: Dealing with bandits isn't the same as going to war, but it's still a real fight with real weapons.

Gu Zhao's face turned cold, his tone carrying a questioning chill.

Gu Zhao: Is the Princess taking this matter too lightly?

You: I never thought the sacrifices of soldiers were a joke, but if commoners can risk their lives, why can't the royal family?

You: The value of life shouldn't be ranked according to status. What does General Gu think?

Gu Zhao seemed surprised by my words, and his expression softened slightly.

You: Besides, this year's new recruits only just finished their training. They might not be as skilled in riding and archery as I am. I might not necessarily be a hindrance.

You: If General Gu still refuses, I will petition Father Emperor to let me represent the royal family to express my regards the new army.

Having said this much, the implication was clear: he had to agree today.

Gu Zhao: The Princess seems to be threatening me?

You: I am clearly reasoning with you and appealing to your emotions.

Eyes as deep as a cold night looked at me in a scrutinizing manner. I didn't avoid his gaze or back down, meeting his eyes directly. A moment of silence.

Finally, after a long while, he spoke, giving me his answer.

Gu Zhao: ...Tomorrow at Chenshi, Xuanping Gate. Don't be late.

-

LETTER

Princess, personally open this:

It seems the Princess has no intention of heeding my advice. Though you could remain uninvolved, you always choose to venture into danger.

I can understand the Princess's desire to scout out the "enemy's" situation. However, I am somewhat curious as to why twelve years in the Buddhist temple did not teach the Princess even a little detachment from worldly affairs.

Nevertheless, witnessing your sharp-tongued debate with the assembled officials today, where you actually held the upper hand, was truly amusing. The Princess's decisive and vigorous manner has the air of a military general, but I wonder if you are truly prepared to bear all the consequences.

You must remember, once you enter the game, there is no turning back.

Gu Zhao

...

Fei Liang: Princess, have you really thought this through? We're walking into the lion's den… no, wait, throwing ourselves into a trap… that doesn't sound right either---

You: Is that how you boost our morale? This is called "If you don't enter the tiger's lair, how will you catch its cubs?"

Fei Liang: Oh dear, Princess, what kind of tigers and cubs are you thinking about? And why do we have to travel so far and suffer like this?

You: Do you know what the court officials secretly call Gu Zhao?

Fei Liang: …Son of a disgraced official?

Fei Liang answered in a low voice.

You: Exactly. Even you know it. Would Father Emperor not know?

You: Yet Father Emperor still entrusted him with tens of thousands of new troops…

Fei Liang: Princess, I still don't understand.

You: It's like how a newly hatched bird will recognize the first creature it sees as its mother. Similarly, the new recruits will be utterly devoted to the first general they follow.

Fei Liang: Wait, why are we talking about birds again?

You: I'm saying, Father Emperor has allowed Gu Zhao to control the lifeline of Dacheng's military power!

You: He outwardly relies on Han You but isn't truly loyal. He must have his reasons, but… know yourself and know your enemy, and you will never be defeated.

I must figure out his stance and determine if he is trustworthy.

In other words, can Gu Zhao become a real asset to the Second Prince and to me?

Fei Liang: Fei Liang believes in the Princess's decision.

Fei Liang nodded solemnly, which actually reminded me.

You: Don't tell Second Brother about this.

-

At Maoshi (5-7AM), just as dawn was breaking, I had already arrived at Xuanping Gate.

Unsurprisingly, Gu Zhao and his group of personal guards were already fully prepared.

You: See? If we had really arrived at Chenshi (7-9AM), he would definitely have had some sarcastic remarks waiting for us.

Fei Liang: Yes, yes, Princess is wise!

Fei Liang helped me down from the carriage and then took a large bundle of fur-lined robes from the vehicle.

Gu Zhao: The Princess has really come.

You: What? Did General Gu think I wouldn't dare?

Gu Zhao glanced at Fei Liang behind me, who was trying her best to carry all the packages on her back.

He still had that ambiguous smile on his face, and his eyes held undisguised disdain.

Gu Zhao: The Princess looks like she's going on an outing.

You: General Gu doesn't like my good mood?

I didn't want to explain, only gave a few instructions to the carriage driver, and he whipped the horse around and headed back to the palace.

Gu Zhao: Isn't the Princess riding in the carriage?

You: Didn't General Gu prepare a horse?

Our tit-for-tat way of speaking was clearly something that others besides the two of us weren't quite used to.

Even Fei Liang was unusually quiet, not even daring to breathe loudly.

Gu Zhao: The journey ahead will be long and arduous. Is the Princess prepared?

You: No need for the General to worry.

Gu Zhao only nodded slightly, and a lieutenant beside him led two horses over for Fei Liang and me.

Gu Zhao: Don't fall behind.

Gu Zhao tossed out a cold sentence, mounted his horse, and rode off. That stone-carved profile of his was… not bad-looking.

Fei Liang: Princess, this whole journey will be bumpy and tiring. Why exactly aren't we riding in the carriage?

Fei Liang rode her horse alongside mine, lowering her voice to secretly ask me.

Both sides of her horse were laden with the things we had brought. A perfectly good warhorse looked like a mule.

You: Think about it. Gu Zhao is leading the troops in front, and I'm hiding in the carriage, leisurely enjoying myself. What kind of comfort and encouragement to the new army would that be?

You: "The Princess is delicate and noble" – that's the nice way of putting it. To put it bluntly, it's called maintaining status and being aloof.

Fei Liang: …Ah, so there are traps everywhere…

You: Don't be fooled by his cold and arrogant appearance. He's full of tricks!

You: We have to be extra vigilant on this trip and not jump into any pit he digs for us.

Fei Liang: Yes! The Princess is right!

Fei Liang and I kept straight faces, trying hard to look like we were discussing serious matters. Probably no one could guess that we were talking about someone behind their back.

For the first two hours of the journey, we traveled on a smooth, wide road, and I could still chat and laugh with Fei Liang.

The difficult part was the dirt road that followed. Loose soil flew up, and loose pebbles lay everywhere, jolting my backside until it ached. Fei Liang also looked dispirited, seemingly no better off than I was.

As dusk approached, I looked around. The soldiers all had straight backs and unwavering gazes, clearly well-trained.

Gu Zhao: Unexpectedly, the Princess has good stamina.

This man! His timing was impeccable! I also straightened my back, trying to appear composed.

You: We should be stopping to rest soon, right?

Gu Zhao: Ahead, there are no post stations.

Gu Zhao had a smile on his face – I vaguely sensed a hint of ill intent, so I very cooperatively showed a surprised expression.

You: ...General doesn't think I really came unprepared, did he?

Gu Zhao raised an eyebrow, waiting for my next words.

You: The Chishui River region we're going to isn't a border battlefield. The bandit problem only arose this year. The official road hasn't been built there, so naturally, there won't be any post stations either.

You: According to our pace, we won't arrive until dusk tomorrow. Even if people don't rest, your precious military horses will need to.

You: I've seen the map. There's a river in the forest ahead. It would be perfect for setting up camp and resting.

After speaking, I thought for a moment. Hmm, my reasoning was sound, well-supported, and airtight. Let's see what he has to say now.

Gu Zhao: This journey has been tiring for both horse and rider. I haven't had time to dig any pits, and the Princess doesn't need to be so wary.

......Fei Liang and I were speaking so softly. Does he have ears that can hear a thousand miles away?!

Gu Zhao: It's just that it's hard on the Princess to have to eat and sleep in the open with us.

You: General Gu, don't worry. When I was little, I slept most soundly on a straw mat.

Gu Zhao: ...I am a bit curious why the Princess would have experience sleeping on a straw mat.

You: There were times when I occasionally caused trouble and was punished...

I muttered softly. Gu Zhao was taken aback, then actually laughed!

You: Abbess Jingxian of the nunnery didn't care if you were royalty or not! She was fierce!

However, this seemed to be the first time I had seen such a pure smile on his face, without any probing or teasing... a genuinely clean smile.

We arrived at the river without any further issues. The soldiers were busy setting up camp and starting fires, and Fei Liang and I could finally rest for a bit.

Fei Liang: Princess, it's been so long since I've felt this ravenously hungry…

After a day of travel, just as the cooks brought us steaming hot meat soup, my stomach inconveniently rumbled loudly.

I stole a glance at Gu Zhao, thankfully he was facing the lieutenant general, giving instructions for the night watch, and didn't seem to have heard.

You: Fei Liang, don't forget to feed the horses some grain later.

Gu Zhao: The Princess is so hungry herself, yet she's still thinking about feeding the horses?

He really does have ears that can hear a thousand miles! I lowered my head and glared at my stomach. My stubborn refusal to show weakness all day had been ruined by it.

Gu Zhao: Food and sex are human nature, perfectly normal.

You: Food… and what?

Hmm, not only does he have good hearing, but his eyesight is excellent too. My embarrassment was ruthlessly exposed, but there didn't seem to be any mockery in his tone.

Gu Zhao: The Princess's tent is over there.

You: Thank you, General.

Gu Zhao: …We laid down soft mats. It should be more comfortable than the straw mats in the nunnery.

Before I could fully process his words, Gu Zhao had already walked away.

Maybe, perhaps, possibly, he wasn't actually as annoying as I thought?

When we arrived at the new recruits' camp, it was indeed almost dusk.

Gu Zhao: Watch your step.

Gu Zhao dismounted and actually turned to help me down. Remembering his icy "Don't fall behind" from when we first set out… well, well, how the mighty have fallen.

I couldn't help but grumble inwardly, but I didn't want to refuse his kindness. Being half-carried down, I finally felt the unbearable ache in my back and waist. My legs felt like they belonged to someone else; even standing was difficult.

Gu Zhao seemed to notice and put more strength into the hand supporting me.

Gu Zhao: Even if the Princess is skilled in riding and archery, I doubt you have much experience with a forced march of two days and nights.

Gu Zhao: This whole journey has already been quite surprising to me.

Gu Zhao's lips curved upward, and I muttered softly.

You: You're being so openly complimentary; it's really making me uncomfortable…

But after walking only a few steps into the camp, I noticed a strange atmosphere. It wasn't the lively commotion of young men gathered together that I had imagined, nor the strict silence of rigid military discipline—

Many people were rushing back and forth as if the wind propelled them, and faint groans occasionally drifted from the tents in the distance.

You: What's going on?

Army Doctor: General, you've come at just the right time!

Before I even had a chance to catch my breath, the army doctor hurried over to report. Gu Zhao helped up the elderly man in front of him.

Gu Zhao: Speak slowly. What happened?

Army Doctor: A few days ago, we heard that there was bandit trouble again in Stone Bridge Village. These new recruits are young and impetuous. They insisted on avenging the villagers…

Army Doctor: They actually organized about a hundred men to deal with the bandits on their own, but they were ambushed and half of them were injured!

Gu Zhao: Lead the way.

Gu Zhao looked serious and strode off with the army doctor. Fei Liang and I followed.

Stepping into the medical tent, the scene inside was shocking.

The tent originally only had a dozen or so straw mats, but now several dozen people were lying haphazardly across them. The groans we had heard earlier emanated from here.

Army Doctor: We were already short on medicinal supplies. Now that so many people are injured at once, this humble servant really doesn't know what to do…

You: Go and bring the things.

Fei Liang trotted out. I crouched down in front of one of the injured, carefully examining the wound. I wondered what kind of trap was so vicious that it cut so deep, down to the bone.

Gu Zhao also checked the injuries of several people, his expression becoming increasingly stern.

Several young medical assistants hurried back and forth, and medicine was simmering on a few stoves, filling the medical tent with steam and a bitter smell.

Fei Liang: Princess, I've brought them!

Fei Liang had run back and forth very quickly, showing her own anxiety. She unpacked the large and small bundles one by one, revealing the various medicinal herbs and ointments I had brought.

Gu Zhao saw the array of bottles and jars laid out on the ground, a hint of surprise flashing in his eyes.

You: Did the General think I only brought clothes, jewelry, food, and trinkets?

Gu Zhao: My apologies for my previous rudeness, Princess.

…So straightforward and sincere. It almost makes me look petty!

Fei Liang: Princess, are these the ones?

Fei Liang found the hemostatic and pain-relieving ointments, and I nodded.

You: First, clean their wounds thoroughly, apply this ointment, and then re-bandage them properly.

Gu Zhao immediately followed my instructions and began to work. The others in the medical tent also sprang into action.

Gu Zhao and I didn't speak, but we understood each other implicitly. He had shed his sharpness and guardedness, and his serious, focused demeanor was like a piece of warm, smooth jade.

Army Doctor: This is Luomo ointment, rarely seen even in the palace! These young men's lives were saved by the Princess…

You: If you hadn't provided such timely and proper initial treatment, even the best medicine would have been too late.

After tending to dozens of patients, my clothes were soaked with sweat. Gu Zhao was outside the medical tent, giving instructions to the lieutenant general.

Then he turned back, his gaze sweeping over the suffering wounded soldiers.

Gu Zhao: Note down each of their names and their units. They are to report to me once they recover.

Army Doctor: This humble servant understands.

You: They acted impulsively for the sake of the common people. They probably also wanted to leave a good impression on the General…

Gu Zhao: The Princess doesn't need to plead for them.

Gu Zhao interrupted me before I could finish speaking.

Gu Zhao: Even if their intentions were understandable, military orders are like mountains.

Gu Zhao: Being swayed by temporary emotions and losing judgment is a fatal weakness for a soldier.

You: Alright, alright, I understand. The country has its laws, and the army has its rules. I won't interfere.

After a busy half-night, the stifling heat of summer finally dissipated a bit, and a gentle breeze blew.

Gu Zhao: Thank you.

You: What did the General say? I'm so hot and dizzy; am I hallucinating?

Gu Zhao's eyes held a smile as he suddenly approached me, his fingertips lightly brushing aside the sweat-dampened hair on my forehead.

Gu Zhao: I said, thank you, Princess.

He repeated it slowly and clearly, word by word, and I suddenly felt my face burning.

You: …What are you thanking me for? I was also very happy to be able to do something for them.

You: It's just that I didn't bring much medicine. General should still…

Gu Zhao: I've already had them send the fastest horse in the camp back to Shengning to request more medicine from the Imperial Hospital.

You: ......

Okay, I now feel that saying even a single word in front of him is superfluous.

Gu Zhao: It's time for the Princess to eat.

Gu Zhao: Otherwise, your stomach will start rumbling again soon.

.....This man is still quite annoying!

Unfortunately, there was something more important than filling my stomach.

Lieutenant General: The scouts previously sent to investigate the bandit activity have had no news. Three days ago, we sent another group, but…

Lieutenant General: The communication that was supposed to be sent back today hasn't arrived either.

The lieutenant general pointed at the map on the desk, reporting to Gu Zhao.

Lieutenant General: Look, according to their pace, they should have gone missing around here.

You: Stone Bridge Village? The bandits' stronghold is in that area?

Lieutenant General: Yes.

Gu Zhao: I will personally go there first thing tomorrow morning.

You: Wait, this matter is strange. How does the General plan to investigate?

Gu Zhao: What does the Princess mean?

You: If the General goes with a group of soldiers, it will be too conspicuous and might alert the bandits, making things difficult.

Gu Zhao: Then, does the Princess think I look like a wealthy Nancang merchant with deep pockets?

Gu Zhao leaned against the desk with one hand, the other on his waist, striking a nonchalant and roguish pose.

I looked him up and down… No, this is too funny.

You: More like a bodyguard for a wealthy merchant's family.

Lieutenant General: .....!

You: Besides, what business would a wealthy Nancang merchant have in this remote and poor place?

You: However, if you say he's accompanying his newlywed wife back to her parents' home for a visit, that would be very reasonable.

Lieutenant General: Ah? This puts us in a difficult position. Where in the military are we going to find a woman?

Gu Zhao: The Princess is offering herself.

I also imitated Gu Zhao's mannerisms, striking a pose and preening myself.

You: General, do I look like a pitiful and delicate young lady?

Lieutenant General: ......

For the first time, Gu Zhao shifted his gaze, as if looking at me any longer would make him unable to resist… laughing.

Hmph, the pot calling the kettle black.

Finally finishing the main business, I had thought Gu Zhao would have someone bring food to my tent, but unexpectedly, he invited me to eat with the soldiers.

Gu Zhao: "Beloved wife" doesn't need to be nervous.

He was indeed making fun of me! Seeing my hesitation, Gu Zhao actually extended his hand to me, but I didn't resist.

You: I'm worried that my presence will make everyone feel awkward.

Gu Zhao's narrow eyes gleamed in the night, his smile carrying a deeper meaning.

Gu Zhao: Heh, then the Princess is truly… overthinking things.

I soon understood what Gu Zhao meant – they didn't treat me like an outsider at all.

Veteran Soldier A: Our General being commanded by a woman and actually obediently listening – this is truly a first! It's a pity I didn't see it with my own eyes, alas!

He clicked his tongue, his face clearly displaying the words "what a pity."

Several new recruits nearby were completely dumbfounded, and it was no wonder. They had finally met the legendary, decisive General Yunhui, only to see him being teased like this by his subordinates.

Veteran Soldier B: Princess is a living Bodhisattva who saves the dying and heals the wounded. The news has already spread throughout the army. Everyone wants to see your true face! I held them back; they were too noisy.

Fei Liang: Aren't you noisy enough?

Fei Liang looked surprised, and I laughed.

Veteran Soldier C: Princess, eat quickly! You've been so tired since you arrived; you need to eat more! Replenish your strength!

Then a large bowl of millet porridge was thrust into my hands, and in the blink of an eye, three crispy, fragrant sesame flatbreads were stacked on top.

You: Enough, enough! This is too much—

I subconsciously looked at Gu Zhao, hoping he would control this overly enthusiastic scene, but he actually stuffed a skewer of grilled fish into my hand.

Gu Zhao: Caught from the river, fresh.

You: .....

Gu Zhao: Is the Princess waiting for me to debone the fish for you?

Everyone who heard this looked at us and smirked.

Veteran Soldier A: Hehe… Originally, when I heard that the General had brought a female companion to the army this time, I couldn't believe it!

Veteran Soldier B: And it's the Princess! This is so unlike him. I thought our General wouldn't even spare a glance for royalty—

Veteran Soldier C: Ahem! Can't you watch what you're saying?

Veteran Soldier B: Why did you step on my foot? Our Princess is a wise and understanding member of the royal family. She wouldn't stoop to arguing with us roughnecks, right, Princess?

You: Everyone here is a hero who fights to the death for Dacheng. Please feel free to speak your minds without any reservations because of me.

Veteran Soldier B: See that? The Princess is so magnanimous!

Veteran Soldier A: Speaking seriously, if the Princess were to become the General's wife, I would support it with both hands and feet!

Veteran Soldier C: It's just that their social statuses are so different. I wonder if our General has the good fortune for that… sigh.

Gu Zhao was beside me, not looking at me, but his face was full of mischievous amusement, as if he was ready to watch a good show.

You: Fortune shouldn't be measured by standards like social status, should it?

You: Two people who can understand each other, respect each other, and face the ups and downs of life together with tacit understanding – that is true fortune.

You: Having said that, I didn't say I was really going to marry…!

The atmosphere became eerily quiet… Did I answer too seriously?

Veteran Soldier A: …To be honest, I now feel that marrying the General would be a real injustice to the Princess!

Veteran Soldier B: How did the General win the Princess's favor? Tell us!

Veteran Soldier C: Our General's looks rival those of Pan An. It must be… what's it called? Using his looks to serve you?

Fei Liang: …Pfft, our Princess isn't the kind of shallow woman who only looks at faces!

The veteran soldiers roared with laughter, and even I couldn't help but smile – using looks to serve? Gu Zhao?

The new recruits trembled, cautiously stealing glances at Gu Zhao's expression, while he remained as impassive as still water.

Gu Zhao: Old Jiang, isn't your eldest due to be sent to the private school this year?

Veteran Soldier A: Yes, General has a good memory.

Gu Zhao: If your monthly pay is gone, things will be a bit tight for you, won't they?

Veteran Soldier A: Eheh, sorry, the private school in our village is tuition-free!

Gu Zhao: Oh, I wonder how your wife will react to that.

Veteran Soldier A: …General, this joke is a bit much!

Gu Zhao: What? Are the common people allowed to set fires, but the officials aren't allowed to light lamps?

Veteran Soldier A: I was wrong. Please don't deduct my pay. How about thirty lashes instead?

The veteran soldiers put their arms around the pale-faced new recruits, comforting them with smiles.

Veteran Soldier B: Look at how scared you guys are! Our General has always been informal and doesn't stand on ceremony. As long as you don't break military regulations, you'll be fine!

After arriving at the military camp, I saw a completely different Gu Zhao. Like a piece of black onyx, as dark as night, that had transformed into crystal-clear glass.

But for some reason, even surrounded by people who revered or loved him, I still felt that he was very lonely.

At this moment, a messenger on horseback galloped into the camp. Gu Zhao immediately shed his gentle expression and stood up to walk over.

Messenger: General, a letter from Shengning—

Gu Zhao: I understand.

Gu Zhao interrupted the messenger, taking the letter from his hand. A sudden sense of unease welled up in my heart.

In just an instant, he had reverted to the inscrutable black onyx.

-

LETTER

Y/N, personally opened:

I had thought I understood the Princess somewhat, but unexpectedly, these past few days have repeatedly made me look at you in a new light, forcing me to abandon any thought of underestimating you. Speaking of which, it was my fault; I shouldn't have been so "careless in assessing the enemy."

I have been in the military for over a decade and have seen life and death countless times, but watching you exhaust yourself for the wounded soldiers in the army still couldn't help but stir something within me. Beyond your headstrong impulsiveness and deep scheming, the Princess also possesses this rare and precious sincerity and genuine emotion, which is somewhat… adorable.

Whatever it is you desire, since the Princess dares to gamble, I will naturally accompany you.

Gu Zhao

-

You: No, I can't sleep.

Fei Liang: Is the Princess too hot? I'll go fetch a basin of cool water to wipe your body; perhaps that will make you more comfortable.

You: After the letter from Shengning arrived, Gu Zhao's entire demeanor changed. I don't know who sent that letter. What if it was Han You… No, I have to find a way to see it.

Fei Liang: But there are soldiers on night watch everywhere outside. We'll be discovered as soon as we go out.

You: I have an idea, but it might be…

-

I had Fei Liang put on night clothes and wander around near the tents while I quietly slipped out from the back, waiting for the opportunity.

Soldier A: What's going on? Isn't there a person in black over there!

Soldier B: Over there! It's the Princess's tent! It might be a bandit! They seem to have broken into the tent! Quick, protect the Princess!

Soon the entire military camp was in chaos. No one noticed me slipping away in the confusion.

Gu Zhao also came out of his tent upon hearing the commotion, hurrying towards my tent.

You: …Now!

-

I took advantage of the chaos to sneak into Gu Zhao's tent. There wasn't much time; I had to quickly find that letter.

But the scrolls and books piled high on the bookshelf, no matter how I rummaged through them, were nothing but military strategies, tactics, and training records.

You: Could he be carrying it on him…?

I searched through the bookshelf and the desk, and finally, I actually found a stack of letters under the bed.

You: Hidden so secretly. Could there really be some unspeakable secret?

I eagerly unfolded a letter, but—

"My son, seeing this letter is like seeing your face. You only returned to Shengning for a few days before hastily leaving home again to deal with the bandits. Mother hasn't even had a good look at you yet."

You: This is… a family letter??

Lieutenant General: Princess? What are you doing here?

Crap! I hurriedly put the letters back in their original place. The lieutenant general had already entered the tent.

And Gu Zhao was right behind him.

Lieutenant General: Thank goodness you're alright! The General was so worried just now. Thinking a thief had entered your tent, he rushed in without a second thought. If it really had been a thief with some hidden weapon, the consequences would have been unimaginable…

Only then did I notice that Gu Zhao's expression was displeased, and the look he gave me seemed to hold a hint of worry.

Gu Zhao: Get out.

Lieutenant General: …Yes.

Gu Zhao's tone was icy, his expression like the darkness and gloom of clouds covering the sun, making it hard for me to breathe.

I knew it was too late to say anything now, so I simply stopped trying to hide anything.

You: After you received the letter just now, your expression changed. I was worried…

Gu Zhao: Was that worry, or suspicion? Princess, you truly stop at nothing to find fault with me.

Gu Zhao's gaze was even colder than his tone. The icy glint in his eyes pierced me, making it impossible to look away.

You: I didn't intentionally try to read your family letter. I just…

Before I could explain, he grabbed my wrist and pinned me against the bookshelf.

His scalding breath was right beside my ear. His brow was slightly furrowed, and there was a hint of disappointment in his eyes.

Gu Zhao: Does the Princess trust me so little?

You: The General's position has always been ambiguous. How can you expect me to trust you?

Gu Zhao looked at me, finally releasing my hand with a cold laugh, and turned to walk out of the tent.

You: Where are you going, General?

Gu Zhao: What? Does the Princess want to sleep outside?

Did he mean to give me his tent?

Gu Zhao: That's just as well. You can search my belongings for evidence of my crimes more thoroughly.

I followed Gu Zhao's gaze to the corner of the bed where the edge of a letter was showing. So, I hadn't hidden it well at all.

You: I'm sorry… and thank you for risking your life to save me.

Gu Zhao: Heh, this humble official was merely afraid of not being able to give a proper explanation to His Majesty.

Those words stung more than his gaze or his tone.

Early in the morning, we set off towards Stone Bridge Village. After a sleepless night, I felt somewhat drowsy and tired.

I hadn't ended up looking at those letters, but judging from the writing on the envelopes, they were all family correspondence.

Thinking again about my clever plan to have Fei Liang pretend to be a thief… I really didn't have the face to face the person before me.

I looked at Gu Zhao. His expression had softened a lot; he wasn't as suppressed and gloomy as he had been yesterday.

You: Ahem… General, did you sleep well last night?

Gu Zhao: Yes.

You: …We've been traveling for half a day. If there really are bandits around here, they wouldn't have missed the opportunity to rob passing carriages.

Gu Zhao: Hmm.

I really shouldn't have let my own suspicion cause the entire military camp to worry about me.

You: I was wrong about last night. I caused trouble for everyone and invaded your privacy. I'm sorry.

I lowered my head and blurted everything out, waiting for Gu Zhao's retort. Whether it was sarcasm or mockery, I just hoped it would break the stalemate.

Gu Zhao: The Princess doesn't need to lower herself to say such things to me.

His tone was very calm, and he didn't even look at me. Gu Zhao had become that cold and distant person again, pushing me away.

A long silence stretched between us. Thankfully, just as I was feeling unbearably awkward, the carriage stopped.

Lieutenant General: Lord, Madam, there's an inn up ahead. Shall we stop there for a rest?

You: That's great! Let's do that!

Without waiting for Gu Zhao's response, I quickly got off my horse – anything to avoid being left in awkward silence with him, even if it meant going to a bandits' den.

We hadn't been seated long before the waiter brought up tea, snacks, and fruit.

Perhaps it was our carriage adorned with pearls and jade, and the several attendants we had, but the innkeeper's attitude was particularly enthusiastic and ingratiating.

Innkeeper: Please, esteemed guests, feel free to order whatever you'd like to eat or drink at any time! After you've had your fill, you can even go to the garden and soak in the hot springs!

You: Hot springs?

Innkeeper: Madam, how could you not know? Our unique geothermal medicinal hot springs are famous far and wide!

Gu Zhao: Wasn't my wife always boasting to me about how the medicinal hot springs in her hometown could heal bones and muscles, cure all kinds of ailments, and even have a rejuvenating effect?

You: Yes, I just didn't expect there to be any here…

We were pretending to be a newlywed couple returning to visit the bride's family. If we didn't even know this, our cover would be blown.

Luckily, Gu Zhao was quick-witted. This man was indeed as cunning as a monkey.

You: My lord has been traveling tirelessly with me. You must be tired. These green plums are refreshing and quench thirst. They're not very common in Nancang. Here.

I smiled charmingly, hooked my arm around one of Gu Zhao's, and stuffed a green plum into his mouth.

Gu Zhao looked puzzled, chewed it once, and immediately frowned at the sourness.

Gu Zhao: Hmm, not bad. Wife, you eat one too.

Gu Zhao put on a gentle smile, put his arm around my waist, and also stuffed a green plum into my mouth – he truly held a grudge.

Lieutenant General: ......

The lieutenant general watched this affectionate display and awkwardly shifted his gaze. Little did he know the deadly undercurrents beneath!

Waiter: Here are the dishes!

The waiter brought up several hot dishes and wine, filling the entire table.

Innkeeper: Madam, please try it quickly. Does it taste like home?

I was indeed hungry. I had just picked up my chopsticks when Gu Zhao suddenly pressed his hand down on mine.

Gu Zhao: My wife, don't forget you're pregnant. You shouldn't eat raw, cold, or spicy things.

Pregnant? When did that happen? He could really come up with any lie. I couldn't help but glare at him, but then I saw him give me a look.

I understood instantly – there was something wrong with the food!

You: …It's only been a couple of days since the pregnancy was diagnosed. I'm not used to it yet.

Innkeeper: Oh dear, please forgive me for forgetting to ask the guests if they had any dietary restrictions. Here, I apologize to the lord.

As he spoke, the innkeeper held up a wine cup with both hands, waiting for Gu Zhao's response.

Only then did I notice that both the innkeeper and the waiter had thick calluses on the tiger's mouth of their hands – hands that held knives!

Gu Zhao: What if I said I didn't want to drink?

Under the tense standoff, the innkeeper's expression changed, a sinister smile spreading across his lips.

Innkeeper: Then don't blame us for being impolite!

In that instant, Gu Zhao pulled me into his arms, and the lieutenant general and the other two veteran soldiers immediately drew their swords to meet the enemy.

A dozen fierce-looking men with sabers appeared in the main hall.

You: Your sword…

Playing the act to the fullest, Gu Zhao had left his sword in the carriage, but he wasn't afraid in the slightest, even smiling leisurely.

Gu Zhao: Don't be afraid.

I soon understood how unnecessary my worry was.

Gu Zhao had me duck to the side, then with a kick, he hooked a long bench. With another push, the bench flew out and knocked over the thugs charging towards us.

Then, with a swift movement, he was in front of the "innkeeper." I didn't even see how he snatched the saber.

Innkeeper: Wh…!

The "innkeeper" didn't even have time to finish his exclamation before Gu Zhao slit his throat with one swift move.

With a weapon in hand, no one could stop him anymore.

I had just breathed a sigh of relief when a sudden dizziness overwhelmed me. A huge wave of sleepiness engulfed me, and everything went black…

...

When I woke up, it was completely dark. My mouth was dry, my whole body was cold, and every bone ached.

You: What happened?

My head was splitting. I only remembered Gu Zhao knocking down the bandit disguised as the innkeeper. I couldn't recall what happened after that.

Feeling groggy, I got out of bed. The huge inn was eerily quiet. Where had everyone gone?

You: Gu Zhao....

I tried to speak, but my throat was completely hoarse.

I couldn't see a single person in the inn. Following the long corridor, I came to the courtyard. Suddenly, I noticed a light flickering near the flower trellis rocks in the distance, along with the sound of flowing water.

As I got closer, the fragrance of flowers in the air grew richer, mist swirled around, and wisteria vines draped down.

You: Is this the geothermal medicinal hot spring?

I was almost shivering so hard my teeth chattered, so I lifted my skirt and stepped into the spring.

You: So warm…

Gu Zhao: Knowing the Princess is bold, but at this moment, it's best not to turn around.

.....It's Gu Zhao!

Startled, my foot slipped, and just as I was about to fall, a hand supported me from behind.

A scalding hot chest pressed against my back, and strong arms steadily wrapped around my waist.

Gu Zhao: The Princess's headstrong nature is truly as consistent as ever.

He sounded somewhat helpless. His voice was right behind my ear, his warm breath falling on the skin of my neck, a slight itch, a wave of numbness.

Gu Zhao: Steady now?

I nodded hastily, then worried he couldn't well behind me.

You: General, you can let go now.

I stood stiffly in the spring, not daring to move, only listening to the sound of water behind me. Had he gone ashore?

Then there was the rustling sound of clothes rubbing together. After a short while, it finally quieted down.

Gu Zhao: Alright.

I finally turned around. It was the first time I had seen him with his long hair unbound.

Gu Zhao, without his armor and enveloped by the misty vapor rising from the hot spring, exuded an indescribable gentleness.

You: What exactly happened? You're not injured, are you? Are the lieutenant general and the others alright?

Gu Zhao: Isn't the Princess going to worry about herself first?

You: Me? I'm probably just too tired from traveling continuously these past few days… It's not because I'm delicate.

Gu Zhao paused slightly, then chuckled softly.

Gu Zhao: Hmm, you are too stubborn. You caught a cold and still endured the entire journey.

You: Ah---

Gu Zhao: The Princess really doesn't care enough about her own well-being.

Gu Zhao: You brought so much medicine, yet you didn't think to prepare any for yourself.

I closed my eyes and soaked in the hot spring, inexplicably recalling Gu Zhao's words, "This humble official was merely afraid of not being able to give a proper explanation to His Majesty." A nameless annoyance welled up within me.

You: I'll write a letter to Father Emperor in a moment. If I can't return, it will be entirely due to my own negligence. I'll tell him not to blame you.

Huh? Why did the sound stop? I opened my eyes and saw Gu Zhao looking like he was about to leave.

You: …Don't go. I was just saying things in anger.

Gu Zhao only smiled, walked over to the stone table, and brought over a wooden tray with a pot and cups on it.

Gu Zhao: I'm not leaving.

As he spoke, Gu Zhao sat down on the edge of the spring beside me and poured me a cup of… what was this?

Gu Zhao: Try it. Plum wine.

You: You hold grudges!

I looked up and glared at him, then frowned and sniffed at the cup. It didn't seem to have any strange smell. Gu Zhao looked at me, a bit helpless.

Gu Zhao: Found it in the back kitchen. Not poisoned. Drink it to sweat out the cold.

You: Huh? It's sweet and sour, quite delicious!

I was already thirsty, so I drank several cups in a row, my peripheral vision catching a hint of indulgence on Gu Zhao's face.

You: You're not angry with me anymore?

Gu Zhao: …I shouldn't have been angry with you in the first place. Although it was a bit reckless, the Princess's heart is for Dacheng.

Gu Zhao: It's just that if the Princess has any doubts, you can ask me directly.

You: If I ask, will the General answer truthfully?

There were still many people and many things standing between us. Thinking of these, I couldn't help but feel a bit bitter.

Gu Zhao: To those closest and dearest to me, I will naturally be completely honest.

He just looked at me with that characteristic mischievous smile, quietly. That look was clearly reminding me of the soldiers' teasing remarks during dinner.

Whether it was because of the cold or the plum wine, my face felt hot, and my heart was beating fast. I just wanted to quickly change the subject.

You: I originally thought that the General didn't care at all whether others believed him or not.

Gu Zhao: I thought so too. But… people can't help but be naive and greedy.

Gu Zhao: It's rare to meet someone interesting. One would still hope she understands you.

In the misty expanse, he had finally become crystal-clear glass again, his heart visible at a glance.

This man – when he was cold and hard, his words were like thrown knives, but now they were as sweet as honey.

You: Ahem… So this inn was a black inn? And what about the scouts who went missing earlier?

Gu Zhao: It was an outpost for the bandits. The scouts were drugged and sent to the stronghold as forced labor. There are about two thousand bandits in the stronghold, about a hundred miles to the south.

You: How do you know all this so clearly—

Something suddenly occurred to me, and I couldn't help but smile. But then a sharp pain shot through the back of my head, as if it were splitting open.

You: Ouch… My head hurts so much…

Gu Zhao: Come here.

Gu Zhao helped me lean against his legs and gently massaged the pressure points on the back of my neck. It was both painful and numb, but it eased the discomfort a lot.

Gu Zhao: What were you smiling about just now?

You: I was thinking that those thugs must have suffered a lot to have confessed everything about their hideout.

You: Hmph, serves them right.

Gu Zhao didn't speak, only chuckled softly. Leaning against his legs, I felt a sense of peace I hadn't felt before.

Only… these hands were rough.

You: Let me see.

I cradled his hand in mine. Long fingers, distinct knuckles, but covered in years of calluses and scars – marks worn smooth by the battlefield.

Gu Zhao: What's wrong?

The man before me at this moment, draped in a bath robe, his long hair unbound, blurred and softened by the misty vapor, radiated an unspeakable tenderness.

You: I feel like I understand you better now.

You: The world only knows you as the son of a disgraced official, says you're arrogant and aloof. You never argue, and you never care.

You: But they haven't seen you defend the border to the death, quell rebellions, willingly get injured to save your subordinates, and carefully hide family letters beneath your pillow.

Gu Zhao looked at me, his eyes shimmering with a flickering light. I could see my own reflection, blurred and brightened by the misty water.

Gu Zhao: "The Gu family has guarded the stability of this land for generations. Our loyalty is as clear as the sun and the moon. Even in ten thousand deaths, we would have no regrets."

You: This is…

Gu Zhao: It was my father's dying words, and the origin of my name.

Filled with resoluteness, a vow, and loyalty, it was a farewell, each word piercing the heart and stained with blood.

I stared blankly at him, a small boyish figure flashing through my mind – resolutely joining the army at twelve, yet within a few years, bearing infamy and falling into the dust.

The solitary journey of these years, the things he had experienced were far more than these few casual words could describe.

The huge rock weighing on my heart crumbled into dust in the light of his eyes. No matter what secrets he held deep down, I knew that the person before me was worthy of trust.

You: I promise you, if I have any doubts in the future, I will definitely ask you directly.

Gu Zhao: I also promise you, I, Gu Zhao, will never act against the interests of Dacheng.

You: Good.

All worries and vigilance vanished. Sleepiness attacked again with overwhelming force. I leaned back against his legs, responding drowsily.

Gu Zhao: Aren't you afraid I might do something to you?

You: You won't.

Gu Zhao: Hmph, how do you know I won't?

You: You're not that kind of person.

I murmured softly, and before closing my eyes, I seemed to see Gu Zhao smiling.

-

When I woke up again, I felt refreshed and full of energy, a long-lost lightness and comfort in my body.

Gu Zhao: Awake?

Gu Zhao reached out and touched my forehead.

Gu Zhao: The Princess has a pretty good constitution. The medicine hasn't even been taken, and you're almost completely better.

You: You… didn't leave all night?

Gu Zhao: Someone, I don't know who, tightly gripped the corner of my clothes, whimpering and refusing to let go.

You: I don't remember! It was all because I was sick!

Yes, that must be it.

Gu Zhao: I didn't say it wasn't.

You: Why is it so noisy downstairs?

Gu Zhao: Five thousand troops. How could it not be noisy? But even five thousand men aren't as noisy as one Fei Liang.

You: She's here too? Then let her in quickly.

Gu Zhao: Princess… would you like to look in the mirror first?

You: ....?

I got out of bed and walked to the bronze mirror, only to realize my hair was a mess, and I looked utterly disheveled.

I've been talking to Gu Zhao looking like this the whole time??

Gu Zhao: In front of me, there's no need to worry about such things.

Gu Zhao smiled as he walked behind me, then ruthlessly shattered my embarrassment.

Then he reached out and removed my hairpin.

You: What are you doing?

Gu Zhao: Don't move. Although I don't mind, there are many people waiting outside.

Gu Zhao had me sit down, picked up a wooden comb from the dressing case, and gently combed my hair. Stroke by stroke, from the roots to the ends, his movements were so careful.

Those hands that wielded a sword to kill enemies could be so skillful and gentle. And his face could hold such a tender and calm expression.

The air was thick with lingering affection and tranquility, entwining us, making me feel momentarily lost, as if we were truly a newlywed couple.

Gu Zhao: Alright. What are you thinking about?

You: How many things are there that I still don't know about you? How come even braiding hair…

Gu Zhao stood behind me, looking at his handiwork with satisfaction. His narrow eyes held a hint of a smile.

Gu Zhao: What's the rush? There's plenty of time ahead.

-

LETTER

Y/N:

Today, you and I spoke little and did not rehearse, yet our cooperation was seamless as we put on a good show before the bandits. This unspoken understanding is another pleasant surprise you have given me.

We chose a path full of thorns, and the enemy will try every means to put us to death. Fortunately, you understand this perilous situation even better than I do. You give me confidence that no matter what kind of enemy we face, you and I can handle it with ease.

This is the first time I have trusted someone like this.

You ask me how many things you still don't know about me. We might as well fulfill our marriage agreement sooner rather than later, and you will eventually come to understand.

Zhao

---

BIOGRAPHY

Name: Gu Zhao Gender: Male Birthday: July 18th

Born into the General's Mansion under the omen of the Dark Bird's descent, he embarked on a destined path of solitude and hardship.

His sword chills the nine provinces at the point of absolute fate, his lineage guards its sovereign, his body defends the nation without regret.

.

Zhao, was the name Gu Weiyue gave his eldest son.

Gu's ancestors were founding generals who helped the High Ancestor Emperor establish the dynasty. The family had a tradition of martial arts, and renowned generals emerged generation after generation. Gu Zhao's father, Gu Weiyue, grew up with Emperor Gong and was his most trusted and capable minister. He was later bestowed the title "Ever-Victorious General" for his distinguished military achievements.

On the day Gu Zhao was born, a dark bird descended from the sky, its light illuminating the nine provinces – an extremely auspicious omen found only in ancient myths and legends. Even Emperor Gong was as delighted as if he had gained a son, sending successive rewards. Gu Zhao grew up in an environment of universal adoration, thus he was unfazed by honor and favor, and became unruly and untamed.

However, all this glory abruptly dimmed during his adolescence.

.

Ten years ago, that suspicious battle claimed the lives of tens of thousands of soldiers and made Gu Weiyue the target of public criticism – he had led an army twice the size of the enemy, equipped with the finest weapons, yet his forces were almost completely annihilated in the war against Guchuan, suffering a crushing defeat. Facing the widespread rumors, Gu Weiyue offered not a word of explanation, and as a result, he was stripped of his official position, relegated to the status of a commoner, and ordered to "recuperate" at home, where he soon died in despair.

From then on, the Gu family fell from grace. Gu Zhao, who had once been held in high esteem, was also brutally cast down into the dust, subjected to cold stares and contempt. Despite this, Gu Zhao maintained his pride and never bowed his head.

If one is never born with something, then one will not lose it.

But Gu Zhao, fatefully, had once possessed it all.

.

Gu Zhao was never able to learn the truth from his father's lips. The father who was like a deity in his heart seemed to have exhausted his life force after that battle, fading away like a dying ember, falling into the dust. Only on his deathbed did he hand Gu Zhao the treasured sword that the High Ancestor Emperor had bestowed upon their ancestor, leaving him with one sentence:

"The Gu family has guarded the stability of this land for generations. Our loyalty is as clear as the sun and the moon. Even in ten thousand deaths, we would have no regrets."

That day, Gu Zhao finally understood the profound meaning behind his name. And he made up his mind that he would definitely reclaim what had been lost. His ancestor could bestow glory upon the Gu family, and so could he.

Gu Zhao joined the army at the age of twelve. The long saber in the camp was taller than he was, and the countless brushes with death on the battlefield jolted him awake from his dreams. But nothing could stop him from moving forward.

.

From an insignificant soldier in the Wu Jing Camp to the General Yunhui commanding the Dragon Martial Army, Gu Zhao's current position was earned with his life.

Gu Zhao's talent and strength surpassed even his father's, earning him widespread renown and striking fear into the hearts of enemy generals. Others didn't know his struggles with injuries and illness, didn't see him defend the border to the death; they only knew that with him present, they would not be defeated.

The unyielding youth eventually used his strength to prop up the entire Gu family. Since his return to a high position, words of praise poured in, and powerful officials and nobles vied to curry favor with him. Their drastically different attitudes made Gu Zhao thoroughly see through the fickle nature of the world.

Gu Zhao remained as he was in his youth, unfazed by honor or favor, but in his heart, there was an unresolved knot. Like a flame, it drove him to seek the truth of the past.

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When the past events became a taboo that no one dared to mention, and the related files were all secretly destroyed, the Gu family's devastating disaster seemed as if it had never existed.

Han You promised Gu Zhao that he would help him uncover the truth. For this, Gu Zhao did not hesitate to feign compliance and even willingly allowed himself to be seen as Han You's partisan. Gu Zhao knew that Han You was merely trying to turn him into a sharp blade to overthrow the Li dynasty, but he would never let Han You's ambition succeed.

The reason Gu Zhao could become Gu Zhao was that he never forgot why he lived.

The world at peace, the four seas stable – the Gu family's ancestors had defended the rivers and mountains of Dacheng with their blood. Gu Zhao was determined to guard it to the end. This was the meaning of his existence.

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CALL - In the Palm of One's Hand (股掌之间)

Gu Zhao: The snacks the Princess sent were very delicious.

Gu Zhao: I just wonder what the Princess intended by sending them to me?

Gu Zhao: No ulterior motive? Really?

Gu Zhao: Stammering… It seems the Princess can't explain it clearly either, so no need for further explanation.

Gu Zhao: But if you are truly interested in me, you might as well ask me directly. Even my birth date and time, I can tell you.

Gu Zhao: You worry someone might use my birth date and time to curse me?

Gu Zhao: If the Princess doesn't say anything, who would know?

Gu Zhao: Moreover… such petty tricks can't harm me.

Gu Zhao: Only foolish weaklings rely on such baseless comfort, and I am very clear about what I want…

Gu Zhao: And I have the ability to obtain it.

Gu Zhao: Including you.

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"TEXT MESSAGE"

Gu Zhao: Has the Princess ever thought about the days after everything settles? You: Of course. People always need to hold onto hope and anticipation to move forward fearlessly. Gu Zhao: Heh… That answer is not surprising. The Princess has always been more insightful than I am. Gu Zhao: The former me was single-mindedly devoted to defending Dacheng, always prepared to die on the battlefield. Gu Zhao: With anticipation comes reluctance, and hesitation is the greatest weakness on the battlefield. You: You said "the former me"… what about now? Gu Zhao: There is someone who taught me that sometimes, hope can support us in reaching higher and further places. Gu Zhao: Moreover, she also promised me… Gu Zhao: That in the future, every spring, she will accompany me to see the peach blossoms. You: Ahem… Then what kind of life have you envisioned for the future? Gu Zhao: Feeding horses, chopping firewood, a quiet joy in a secluded corner. You: …I wouldn't have thought you would choose such an ordinary life. Gu Zhao: What I used to see was all smoke and flames, chaos and war. It's time to quietly appreciate this world of flowers in the morning and moonlit nights. Gu Zhao: Of course, that also depends on whether the Princess likes it. You: What you describe makes me somewhat look forward to it… It's just a pity that I don't know when that day of "everything settling" will arrive. Gu Zhao: No need to be impatient… Princess, don't forget, I've wielded a sword and ridden a horse for over ten years, and I've never been defeated. Gu Zhao: I will always stand behind you, and I will wait with you.

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YGL Masterlist | Matching Encounter Card

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[laresalgotech]

Best Stock Broker in Delhi for Options Trading: Top Picks in 2025

If you’re an active trader or investor in the capital market, finding the best stockbroker in Delhi for options trading is crucial for success in today’s fast-evolving markets. As we head into 2025, traders are demanding more advanced technology, reliable support, seamless mobile platforms, and, above all, the ability to execute complex options strategies with confidence.

Delhi’s trading ecosystem has seen a boom in options trading, thanks to increased market awareness, access to information, and technology-driven platforms. But with so many brokers claiming to be the “best,” how do you choose the right partner for your options trading journey? In this comprehensive guide, we highlight what to look for in a broker and introduce you to the top picks for the best stock broker in Delhi—with Lares Algotech leading the list.

What Makes a Broker the “Best” for Options Trading?

Options trading is more than just buying and selling contracts. It’s about having a platform that empowers you to:

Analyze market trends with advanced tools

Execute trades at lightning speed with minimal slippage

Manage risk with powerful controls and alerts

Access low and transparent brokerage fees

Rely on prompt customer support and educational resources

Not every broker delivers on all fronts. That’s why you need to focus on a few essential criteria when searching for the best stock broker in Delhi for options trading in 2025.

Key Criteria for Choosing an Options Trading Broker

Advanced Trading Platform Look for a broker with robust, user-friendly software, including charting, option chain analysis, and strategy builders.

Low Brokerage & Transparency Brokerage fees can eat into your profits—select a broker with low, clear charges and no hidden costs.

Speed & Reliability In options trading, every second counts. Your broker’s platform must execute orders swiftly, even in volatile conditions.

Risk Management Tools Features like real-time margin calculation, stop-loss orders, and position monitoring are must-haves.

Support & Education Quality customer support and regular webinars or training can make a huge difference, especially for new options traders.

Top Picks: Best Stock Broker in Delhi for Options Trading

1. Lares Algotech – The Technology-Driven Leader

When it comes to options trading in 2025, Lares Algotech stands out as the best stock broker in Delhi. Here’s why Delhi’s smart traders are switching to Lares Algotech:

Cutting-Edge Algorithmic Trading Benefit from institutional-grade algorithms for faster, smarter trade execution.

Advanced Options Analytics Powerful tools for analyzing option chains, Greeks, implied volatility, and building multi-leg strategies with ease.

Transparent & Competitive Pricing Lares Algotech offers low brokerage rates for options trading, ensuring you keep more of your profits.

Seamless Mobile & Desktop Platforms Trade anytime, anywhere with feature-rich apps and web platforms designed for speed and reliability.

Proactive Risk Management Real-time risk analytics, margin calculators, and customizable alerts help you stay in control, always.

Trusted Support & Education Lares Algotech’s support team and resource library ensure you’re never alone on your trading journey.

Pro Tip: Open an account with Lares Algotech and experience the difference. They are the best stockbroker in Delhi for options trading—offering everything from advanced analytics to world-class support, all under one roof.

2. Other Noteworthy Brokers in Delhi

While Lares Algotech is the clear favorite, here are a few other brokers that options traders in Delhi may consider:

Zerodha

Popular nationwide, with a strong presence in Delhi.

User-friendly platform and low-cost brokerage.

Suitable for beginners, though advanced analytics may be limited compared to Lares Algotech.

Upstox

Fast-growing and technologically strong.

Simple interface and low fees, but options tools are not as comprehensive.

ICICI Direct

Offers solid research and an integrated banking experience.

Higher brokerage charges and traditional platform design.

Angel One

Free account opening, decent options analytics, and active local support.

Why Lares Algotech is the Best Stock Broker in Delhi for Options Trading

Innovation: Lares Algotech is always a step ahead, bringing institutional-level technology to retail traders.

Personalized Experience: From onboarding to daily trading, you get expert support tailored to your needs.

Community: Regular webinars, workshops, and educational content help you upskill and connect with fellow traders.

Security & Compliance: Fully regulated and SEBI-registered, with robust security protocols.

If you want to take your options trading to the next level in 2025, Lares Algotech is the best stock broker in Delhi you can trust.

Final Thoughts: Make the Smart Choice in 2025

The right broker can make or break your options trading success. In the fast-paced world of 2025, choosing the best stock broker in Delhi is all about technology, transparency, and trusted support. Lares Algotech delivers on every front, empowering you to trade options with confidence, clarity, and control.

Ready to get started? Open your account with Lares Algotech today and experience why Delhi’s most successful options traders are making the switch.

Looking for guidance or have questions about options trading? Reach out to Lares Algotech’s support team or explore their extensive educational resources to kickstart your trading journey!

[protraderindiamember11]

Expert-Led Options Trading Course

ICFM (Institute of Career in Financial Market) offers a comprehensive options trading course designed to transform beginners into confident derivatives traders. This specialized program dives deep into the world of calls, puts, spreads, and straddles, teaching students how to leverage these instruments for strategic advantage. The curriculum covers everything from basic terminology to advanced Greeks (Delta, Gamma, Theta, Vega), empowering traders to navigate volatile markets with precision.

What sets ICFM's options trading course apart is its hands-on approach. Participants engage in live market simulations, learning to construct iron condors, butterflies, and other complex strategies under expert guidance. The institute emphasizes practical risk management techniques specific to options, teaching students to calculate payoff diagrams and assess probability distributions before entering trades.

ICFM's faculty comprises seasoned options traders who share real-world insights about volatility trading, premium decay, and position sizing. The course demystifies concepts like implied volatility skew and exotic options, preparing students for both retail trading and professional market-making roles. Special modules cover index options, commodity options, and the unique aspects of weekly/ monthly expiry cycles in Indian markets.

Beyond strategy building, the program trains students in options analytics software and back-testing techniques. ICFM's alumni success stories demonstrate how this options trading course helps participants transition from speculative trading to consistent income generation through premium selling strategies. The institute's certification adds credibility for those pursuing careers in hedge funds or proprietary trading desks.

With flexible learning formats available, ICFM makes sophisticated options education accessible to working professionals. Whether aiming to hedge portfolios or trade volatility professionally, this course provides the structured learning path missing from most self-taught approaches to options trading.

[jamesmilleer2407]

Tracking Innovation and Market Trends Through the Top 10 NASDAQ stocks

The Nasdaq index has long served as a mirror to the changing dynamics of innovation, sector leadership, and global equity sentiment. With its emphasis on technology, digital services, and communications, it offers insight into the forward-looking themes driving the modern economy. Within this broader index, the Top 10 NASDAQ stocks play a pivotal role, shaping overall performance, influencing trends, and reflecting how market sentiment shifts over time.

These companies, spanning areas such as software, semiconductors, digital infrastructure, and advanced communication services, are often at the forefront of transformation in their respective sectors. Their market activity not only leads the index but also offers a broader picture of where momentum resides across the financial landscape.

The Nasdaq Index as a Growth-Focused Benchmark

The Nasdaq index is structured around non-financial companies that focus on scalable and innovation-driven growth models. Unlike more diversified benchmarks, it leans heavily into sectors that are deeply tied to technological disruption and digital advancement. This makes the index—and particularly the Top 10 NASDAQ stocks—a central focus for analysts monitoring volatility, sector rotation, and global macro alignment.

Rather than acting as a static collection of large-cap names, the top of the index shifts over time to reflect evolving economic priorities. Companies that maintain their place within the Top 10 NASDAQ stocks typically demonstrate adaptability, relevance in global markets, and the ability to respond to dynamic regulatory and supply chain environments.

Signals Within the Top 10 NASDAQ stocks

Movements within the Top 10 NASDAQ stocks often serve as a first signal for directional shifts in the broader index. If several of these names trend higher in unison, it often implies broader confidence in growth-oriented sectors. On the other hand, any sustained pullback or lack of participation from key names can contribute to a weaker tone across the entire Nasdaq index.

Given their outsized influence on index calculation and market psychology, these names are closely observed during high-impact events—such as quarterly updates, central bank commentary, or geopolitical developments. The response from these companies often sets the tone for how other segments of the equity market behave in the near term.

Economic Conditions and Sector Responsiveness

The Top 10 NASDAQ stocks are known for their heightened responsiveness to economic data. Reports related to consumer spending, inflation shifts, interest rate trends, and supply chain bottlenecks frequently lead to immediate movement in the group. Because many of these companies operate on a global scale, they are also influenced by international economic releases and policy changes abroad.

When monetary policy tightens or eases, high-growth segments tend to adjust quickly. These reactions are often visible in the real-time activity of the Top 10 NASDAQ stocks, as their business models are closely tied to expectations for demand, cost efficiency, and access to expansion capital.

Secondary keywords such as "technology sector" and "equity performance" are particularly relevant here, as they underscore the connection between macroeconomic trends and the behavior of dominant names in the index.

Global Reach and Digital Expansion

Companies within the Top 10 NASDAQ stocks typically have significant exposure to global markets. Their revenues often span continents, making them sensitive to currency shifts, international regulations, and emerging market demand trends. This global positioning helps them capture opportunities outside the domestic sphere, but also exposes them to geopolitical risk and regional economic slowdowns.

Despite these challenges, many of the names that consistently appear in this group maintain leadership through product innovation, network effects, or platform-based scalability. These traits allow them to outperform during digital growth cycles and adapt faster to new technological frameworks.

The continuous evolution of artificial intelligence, cloud architecture, and remote communication platforms continues to shape the Nasdaq index—often with the Top 10 NASDAQ stocks acting as the first movers or enablers of these developments.

Technical Patterns and Market Positioning

Technical analysts often view the performance of top Nasdaq components as early indicators for larger market trends. Key signals—such as support and resistance levels, moving average crossovers, and breadth indicators—are magnified when applied to this leading group.

A breakout from consolidation patterns among the Top 10 NASDAQ stocks could indicate growing conviction in the market, while declining volume or divergence among key names might suggest consolidation or indecision. Such patterns are widely watched by institutions and market professionals aiming to assess real-time strength or fragility within the technology-heavy landscape.

Comparing Broader Benchmarks

Though the Nasdaq index has its own structure and characteristics, comparisons are often made between its leading names and those in benchmarks like the s and p 500. These comparisons help to assess whether markets are currently favoring growth-centric models or leaning more toward value and stability.

When the Top 10 NASDAQ stocks outperform broader indices, it can signal a tilt toward future-focused business strategies and digital infrastructure expansion. Conversely, when these names lag, it may suggest a temporary shift in capital toward more traditional or defensive sectors.

[harbourfronttechnologies]

Joint Calibration of SPX and VIX Options Using the Willow Tree Method

Joint Calibration of SPX and VIX Options Using the Willow Tree Method The willow tree method is a powerful technique with many applications in derivative pricing. We have discussed how it can be used to determine the implied volatilities of American options. It can also be applied to price convertible bonds by simultaneously [glossary_exclude]accounting [/glossary_exclude]for equity and credit risks. In addition, it is useful for calculating the value of complex path‐dependent derivatives and associated risk measures, such as Asian options and American moving average barrier options. Reference [1] proposed using the willow tree method to build a model that describes the volatility dynamics of both SPX and VIX options concurrently. Among the methods commonly used to jointly calibrate SPX and VIX options, the non-parametric approach typically reconstructs the risk‐neutral density (RND) using only SPX option prices. The authors employed the implied willow tree (IWT) method to extract the RND of both SPX and VIX options, thereby accommodating both sets of market-observed option prices effectively. They pointed out, In this study, we propose a novel nonparametric discrete‐time model called the joint implied willow tree (JIWT) approach to tackle the joint calibration challenge. The JIWT method bypasses the need for model‐based simulation techniques by using discrete‐time nonparametric methods to derive the risk‐neutral probabilities from observable SPX and VIX option prices. Our method offers three primary contributions. First, we delve into the conditional probability distributions between two maturities using both SPX and VIX option prices. While solely SPX option prices provide insight into SPX unconditional RNDs, they offer limited information on conditional densities. Leveraging the VIX definition (1) grounded in the SPX, we can identify conditional densities that align with VIX and its options prices. It enables us to capture the volatility smile in both the SPX and VIX markets, especially for short‐term maturity. Second, our JIWT method is simpler, more straightforward to implement, and efficiently extends to multiple maturities of SPX and VIX options as compared with the nonparametric discrete‐time model proposed by Guyon (2023)… Third, our JIWT method operates without the need for any prespecified mathematical model for SPX. Instead, it extracts the entire RNP directly from market‐observable option prices, making it both model‐free and data‐driven. In short, this paper proposed a nonparametric method for calibrating SPX and VIX option prices simultaneously. The method has proven successful in addressing the joint calibration challenge of the SPX and VIX markets. As a result, it will enable risk and portfolio managers to identify new opportunities and manage risks more effectively. Let us know what you think in the comments below or in the discussion forum. References [1] Bing Dong, Wei Xu, Zhenyu Cui, Joint Implied Willow Tree: An Approach for Joint S&P 500/VIX Calibration, Journal of Futures Markets, 2025; 1–22 Post Source Here: Joint Calibration of SPX and VIX Options Using the Willow Tree Method via Harbourfront Technologies - Feed https://ift.tt/oGtfda6 May 07, 2025 at 06:52PM