Under video tab are mouse options like Show mouse cursor and Add mouse click effects.
But there's no Highlight mouse option: for that I am forced to go to Settings > Effects > and toggle Add mouse highlight effect. Sometimes I forget to check if it's on or off... making me lose production time.
If I recall correctly, then in older versions Add mouse click effects was tied with toggling Add mouse highlight effect too.
But the suggestion above would now be better solution I think.