Richest setting, and yes, after it cooled down.
And hopefully running a 20:1 fuel/oil mix ratio during breakin period.So, all the way to the bottom? To do a proper plug reading you have to ride the bike under load for at least 5 minutes after it is warmed up. Then kill the engine, don't let it idle down, coast to the side and pull your plug. Bring some gloves, it'll be hot.