I looked briefly over this again, but I'm not changing it right now, for two reasons:
1) It wouldn't be symmetrical with the write options feature, because it would not be possible to set the read options from within the block given to manipulate! (because of the ordering of things inside manipulate!)
2) The RMagick method to eventually pass these options to (Image::read) does not seem to work as advertised wrt. the block given to it. This would require some more digging into.
So feel free to open an issue on Github if this is causing you problems, otherwise I'll just leave it at this.
/Jacob