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In this video tutorial on the Bookends YouTube channel, the focus is on option clauses in contracts. An option clause gives publishers the right of first refusal for an author's next work, allowing them the first opportunity to review it before other publishers can consider it. The presenter emphasizes the importance of limiting the scope of these clauses, as some publishers may extend the option to cover multiple future works instead of just the next one. This can significantly affect the author's opportunities with other publishers. Thus, a key job when negotiating contracts is to minimize the impact of option clauses on an author's future projects.