Common (resolves)
Breast tenderness — 50% women in first 2 months, fades. Spotting — common first cycle, investigate if persists past 3 months. Bloating — progesterone-mediated typically. Mood changes can go either way.
Serious (rare)
VTE: transdermal 1.5x background, oral 2-3x. Stroke: minimal increase under 60. Breast cancer: combined HRT +1 case per 1000 women × 5 years. Estrogen-alone slightly protective in WHI re-analysis.
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