Can BTT map “Right Option” or “Right Command” ?

The hyper key functionality you want is possible with the latest alpha, see THANK YOU for Capslock -> Hyper! A small request... - #4 by Andreas_Hegenberg

You could assign actions to right modifier keys, however BTT can not block these key from going through to the system, which in your case should not be relevant. However this is only possible by defining a key sequence with the modifier:
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