This flag is set by dxc if -Od (or /Od) is specified on the command-line. This option is associated with -disable-llvm-optzns in dxc - see here.
Option -Od (or /Od) is supported by clang-dxc and is encapsulated via llvm.module.flags metadata (viz., dx.disable_optimizations) in the module.
An implementation to detect llvm module flag dx.disable_optimizations is complete and available in this changeset.
However, since dx.disable_optimizations is a non-standard DXIL named metadata replace its generation of metadata dx.disable_optimizations.
Set the shader flag DisableOptimizations based on the presence of entry function attribute optnone
AC
Add tests to check bit 0 of shader flags mask is set if O0, -Od (or /Od) is specified on command-line.