First, i want to know what is $\mathcal O(-1)$ bundle is. (Definition or geometric interpretation, and so on)
Second I want understand how the following is constructed.
Consider a $\phi$ as a coordinates on a copy of $Z= C^N$
Then, I know \begin{align} |\phi_1|^2 + |\phi_2|^2 + \cdots |\phi_N|^2 = r \end{align} which describe $S^{2N-1}$.
Implementing $U(1)$ condition the space of solution is described by
\begin{align} CP^N = S^{2N+1}/U(1) \end{align} Now consider slightly different case \begin{align} |\phi_1|^2 + |\phi_2|^2 - |\phi_3|^2 - |\phi_4|^2 =r \end{align} this gives $\mathcal O(-1) \oplus \mathcal O(-1)$ over $CP^1$. I want to know what this means and how to obtain.