Not sure what a runner and wheel is...

Pick a set of points... either will do. Rotate the crank until the cam is at it's highest point.
That is where you adjust the gap.... where the cam opens the points to the biggest gap. Set your points gap there. Now rotate the crank 360° and the cam should have the other set of points open to it's largest gap. Set that to the clearance you're wanting. Now that's done, you can adjust the right and left plates for timing.
Did you watch the video I put up here? Explains it pretty good.
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