Add parameter value option, optimize by pre-processing

[blakeembrey]

The functional option seemed to perform slightly better than using the set to check (~5% vs ~10% boost).

[codecov]

Codecov Report

✅ All modified and coverable lines are covered by tests.
✅ Project coverage is 100.00%. Comparing base (0fcac34) to head (d4c8206).

Additional details and impacted files

@@            Coverage Diff            @@
##            master      #108   +/-   ##
=========================================
  Coverage   100.00%   100.00%           
=========================================
  Files            1         1           
  Lines           84        89    +5     
  Branches        38        39    +1     
=========================================
+ Hits            84        89    +5     

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