When I hold on the bullseye my gun hits the next to the last and last ring. Not sure the exact size of the target. It is one of those that is black with green lines and leaves green around the hole. I would say it is about a 4x4 at a guess.
Pappy you say you are aiming at the center of a 4x4 bull. And that you are hitting in the outer ring......
This means that you are hitting approximately 2 inches higher than point of aim (POA).
If you hold at the bottom of the bull (what we refer to as a "six o'clock hold") you would therefore hit in the center of the bull.
This is pretty decent and NORMAL for what you are doing and for what you are shooting.
Bullets travel in an arc and at some, not so distant, point the bullet impact will be right on POA again.
If you take all of this into consideration you should find this acceptable and a "six o'clock hold" is much faster for the speed sports.
Regards, HH-IRMOB3FIM