Format Options "Allow flat" and "Allow half expanded" do not work when Operators Punctuation | AND- OR is set to "Stacked". The format case is ignored in this scenario.
These options can be found in View | Toad Options | Formatter | Oracle Formatter Options | Alignments | Expressions and in View | Toad Options | Formatter | Oracle Formatter Options | Operators Punctuation | AND- OR
WORKAROUND
NoneSTATUS
Waiting for fix in a future release of Toad for Oracle