The Raptor community has always confused me in this regard. They'll spend $300+ on a "cold air intake" to get .3 hp but won't fill the tank with premium to get 10+ hp and peace of mind. It's a nice truck. Give it the best fuel.
Your concept is valid but you statement is not. Higher octane will not give you any HP gains, just increase knock resistance. Modern fuel injection may reduce power if knocking is detected, but not that much. You can not gain 10+hp form premium fuel and you will not lose 10+hp if the computer reduces ignition timing because lower octane fuel is causing a knock.
That being said, it is ridiculous to be cheap on fuel after dropping $70k on a new truck.