Should I adjust position size before German states see slight uptick in headline inflation for April?

No. Do not adjust position size ahead of a minor German state inflation print. Headline CPI from individual Länder has negligible direct impact on SPX implied volatility or the VIX term structure that drives iron condor pricing.

Stick to the ALVH methodology: size every trade strictly by your defined max loss as a percentage of portfolio risk capital, not by calendar events. German regional data rarely moves U.S. equity volatility enough to justify resizing a condor mid-cycle. Focus instead on current VIX level, the shape of the VIX futures curve, and days to expiration when deciding whether to put on or add to iron condors.

If your wing widths are already set to 30–50 points on the SPX and you are trading the 45 DTE sweet spot, position size remains constant unless you breach your predefined portfolio heat limit or VIX crosses a major regime threshold above 20. Keep sizing mechanical. React to actual vol expansion after the print, not anticipation.