CONFIG_OPT_LIB_ASM is not available for thedefaultarchitecture x86.
Result is shown for architecture microblaze

Optimalized lib function ASM

configname: CONFIG_OPT_LIB_ASM

Linux Kernel Configuration
└─>Platform options
└─>Optimalized lib function ASM
In linux kernel since version 2.6.30 (release Date: 2009-06-09)  
Allows turn on optimalized library function (memcpy and memmove).
Function are written in asm code.