I am wanting to create a strategy that would be able to place option orders more quickly than at the minute-level, which it seems is the limit of the provided data for quotes and trades. Despite this limitation it seems I can subscribe to data on the underlying at a much more precise interval, at the second or even tick level. Assuming I use a mathematical model to estimate the price of an option contract that factors in the greeks of the last quoted price and any subsequent changes to the underlying, would I be able to create options limit orders with second-level precision? 

I know that the credibility of the backtest results would depend heavily on the integrity of the model, but I'm just wondering if the backtesting engine could be set up to allow this (in terms of satisfying the Fill Model).