The first time I've heard of this flag was while reading "Computer Systems, a
Programmer's Approach". Before that, I've always just used plain -g.
According to the man pages:
If you are not using some other optimization option, consider using -Og with -g. With no -O option at all, some compiler passes that collect information useful for debugging do not run at all, so that -Og may result in a better debugging experience.
Most optimizations are completely disabled at -O0 or if an -O level is not set on the command line, even if individual optimization flags are specified. Similarly, -Og suppresses many optimization passes.
-Og should be the optimization level of choice for the standard edit-compile-debug cycle, offering a reasonable level of optimization while maintaining fast compilation and a good debugging experience. It is a better choice than -O0 for producing debuggable code because some compiler passes that collect debug information are disabled at -O0.
Like -O0, -Og completely disables a number of optimization passes so that individual options controlling them have no effect. Otherwise -Og enables all -O1 optimization flags except for those that may interfere with debugging:
-fbranch-count-reg -fdelayed-branch -fdse -fif-conversion -fif-conversion2 -finline-functions-called-once -fmove-loop-invariants -fmove-loop-stores -fssa-phiopt -ftree-bit-ccp -ftree-dse -ftree-pta -ftree-sra
Note that the flag -0 referred by the documentation is an alias for -01,
which is defined by:
-O1 Optimize. Optimizing compilation takes somewhat more time, and a lot more memory for a large function.
With -O, the compiler tries to reduce code size and execution time, without performing any optimizations that take a great deal of compilation time.
-O turns on the following optimization flags: -fauto-inc-dec -fbranch-count-reg -fcombine-stack-adjustments -fcompare-elim -fcprop-registers -fdce -fdefer-pop -fdelayed-branch -fdse -fforward-propagate -fguess-branch-probability -fif-conversion -fif-conversion2 -finline-functions-called-once -fipa-modref -fipa-profile -fipa-pure-const -fipa-reference -fipa-reference-addressable -fmerge-constants -fmove-loop-invariants -fmove-loop-stores -fomit-frame-pointer -freorder-blocks -fshrink-wrap -fshrink-wrap-separate -fsplit-wide-types -fssa-backprop -fssa-phiopt -ftree-bit-ccp -ftree-ccp -ftree-ch -ftree-coalesce-vars -ftree-copy-prop -ftree-dce -ftree-dominator-opts -ftree-dse -ftree-forwprop -ftree-fre -ftree-phiprop -ftree-pta -ftree-scev-cprop -ftree-sink -ftree-slsr -ftree-sra -ftree-ter -funit-at-a-time