Your battery is doing amazingly well. You should be very happy.
The battery should be at about 97-98% at this point.
The battery in the iPhone 17 was designed to go up to 1,000 Charge Cycles before the Battery Health declines to 80%. That works out to a 1% decline for every 50 Charge Cycles.
Your phone has completed 124 cycles at this point, so 124 divided by 50 = 2.5%. If tenths of a percent counted, the battery would be at 100% minus 2.5% = 97.5%.
Apple rounds down anything after the decimal point, so 97.5% would display as 97%. The 99% that you see now might actually be anywhere between 99.9% to 90.1%.
Lucky you. Other users reading this are wondering why their luck is not as good as yours.