The implementation of -fstack-arrays was added in https://reviews.llvm.org/D140415
I stored the option in CodeGenOpts because this seemed like the most relevant of what is available and creating a new options structure for a single boolean flag seemed like overkill.
-fstack-arrays is implied by -Ofast to match behavior by other fortran compilers.
The MemoryAllocationOpt pass is disabled when stack arrays is enabled because its purpose is the opposite: to move array allocations to the heap (although by default it won't move any allocations).