This document discusses the stability and reactivity of conjugated dienes. It begins by explaining that conjugated dienes are more stable than isolated or cumulated dienes due to delocalization of pi electrons. This increased stability is demonstrated by their lower heat of hydrogenation. The document then focuses on the Diels-Alder reaction, where a conjugated diene reacts with an alkene to form a cyclohexene ring. It discusses factors that influence the reaction such as the conformation and substituents of the diene. The document also covers 1,2 and 1,4 additions of electrophiles to conjugated dienes and potential rearrangements of carbocation intermediates.