default or selected kernelversion does not have config value CONFIG_PREEMPTIRQ_EVENTS.
Result is shown for kernelversion 6.9.9

Enable trace events for preempt and irq disable/enable

configname: CONFIG_PREEMPTIRQ_EVENTS

Linux Kernel Configuration
└─>Kernel hacking
└─>Tracers
└─>Enable trace events for preempt and irq disable/enable
In linux kernel since version 4.2 (release Date: 2015-08-30)  
Enable tracing of disable and enable events for preemption and irqs.