I followed the example from my MacBookPro (Big Sur 11.7.09) using terminal. It would not allow me to spec an interval under 0.1.
$ ping -c 4 -i 0.1 218.101.61.162
PING 218.101.61.162 (218.101.61.162): 56 data bytes
Request timeout for icmp_seq 0
Request timeout for icmp_seq 1
64 bytes from 218.101.61.162: icmp_seq=0 ttl=54 time=212.910 ms
64 bytes from 218.101.61.162: icmp_seq=1 ttl=54 time=201.219 ms
64 bytes from 218.101.61.162: icmp_seq=2 ttl=54 time=204.627 ms
64 bytes from 218.101.61.162: icmp_seq=3 ttl=54 time=203.737 ms
--- 218.101.61.162 ping statistics --- 4 packets transmitted, 4 packets received, 0.0% packet loss round-trip min/avg/max/stddev = 201.219/205.623/212.910/4.389 ms $ ping -c 4 -i 0.09 218.101.61.162 ping: -i interval too short: Operation not permitted