请教三心 or Anyone knows IRS code 1092 straddle ?

Just found out today that if I hold

1) QQQ positions

2)  protective QQQ put options 

Closing QQQ puts at loss will trigger IRS code 1092 straddle. Basically if I have unrealized gains on QQQ, then I can NOT report the realized loss on the puts. Instead, the loss on the put will be added back as the cost basis of qqq

do I understand this correctly? And in reality, does IRS  really follow it up? I don't think my brokers will label them as section 1092 transactions