{
  "schemaVersion": 1,
  "optionQuoteTiming": {
    "date": "2026-11-06",
    "session": {
      "label": "Regular trading hours",
      "timezone": "America/New_York",
      "start": "09:30",
      "end": "16:00"
    },
    "snapshotCount": 45986,
    "windowSizeQuotes": 256,
    "strategyCadenceMs": 100,
    "method": {
      "summary": "Each value is the median across telemetry snapshots of a rolling 256-quote percentile. Windows may overlap. These are typical rolling-window statistics, not whole-session per-quote quantiles.",
      "localArrival": "Local arrival is timestamped inside native record translation, not at the network interface.",
      "runtimeCall": "The runtime-call interval includes Python request replacement and conversion, native locking and work, backpressure retries, and return. It is not an isolated C++ compute measurement."
    },
    "lanes": [
      {
        "id": "primary",
        "label": "Primary options",
        "snapshots": 23218,
        "localArrivalToRuntimeStartMs": { "p50": 1.7856885, "p99": 16.0402315 },
        "localArrivalToIngestionReturnMs": { "p50": 1.84985275, "p99": 16.10843015 },
        "runtimeCallMs": { "p50": 0.05815775, "p99": 0.12796055 }
      },
      {
        "id": "flip",
        "label": "Flip options",
        "snapshots": 22768,
        "localArrivalToRuntimeStartMs": { "p50": 2.50536525, "p99": 20.24079205 },
        "localArrivalToIngestionReturnMs": { "p50": 2.5719175, "p99": 20.316804425 },
        "runtimeCallMs": { "p50": 0.06533425, "p99": 0.12685945 }
      }
    ],
    "limits": [
      "The 45,986 observations are telemetry snapshots, not a count of distinct quotes. Rolling windows can overlap.",
      "Context-only quotes and quotes for watched positions share the timing samples; the measurements do not isolate protective-risk work.",
      "Ingestion can return before the strategy evaluates a completed 100 ms observation. Idle advance_execution_clock processing is outside the measured interval.",
      "These measurements do not establish network-arrival-to-risk, quote-to-action, order-submission, or broker-fill latency.",
      "There is no before-and-after migration benchmark here. The observations do not quantify a speedup from removing Python or the separate order-dispatch handoff."
    ]
  }
}