CONFIG_HWZOL is not available for thedefaultarchitecture x86.
Result is shown for architecture nds32
default or selected kernelversion does not have config value CONFIG_HWZOL.
Result is shown for kernelversion 6.9.9

hardware zero overhead loop support

configname: CONFIG_HWZOL

Linux Kernel Configuration
└─>hardware zero overhead loop support
In linux kernel since version 4.2 (release Date: 2015-08-30)  
A set of Zero-Overhead Loop mechanism is provided to reduce the
instruction fetch and execution overhead of loop-control instructions.
It will save 3 registers($LB, $LC, $LE) for context saving if say Y.
You don't need to save these registers if you can make sure your user
program doesn't use these registers.

If unsure, say N.