Most of the time adjustments on the Bearish Butterfly are 0 to 6 adjustments in a given 56 day cycle. During certain market conditions however, particularly with extended bullish up moves, there can be periods where adjustments may be triggered daily. The record, and unsustainable bullishness of the 2020/2021 market has been one of these periods. Daily adjustments would not be a characteristic of the strategy under the majority of market conditions.
Regarding strategy updates, the way we are currently trading the Bearish Butterfly on Options Trading For Income is by the guidelines stated in the program within the 2020 update. The wing width in the update remains at 50 points.