diff --git a/README.md b/README.md
index 0d60c7e..d73d7cc 100644
--- a/README.md
+++ b/README.md
@@ -130,6 +130,30 @@ This option defines the pathname of the text file that stores the list of known
 
 The `:NoteToHtml` command requires the [Markdown] [markdown] program. By default the name of this program is assumed to be simply `markdown`. If you want to use a different program for Markdown to HTML conversion, set this option to the name of the program.
 
+### The `g:notes_conceal_code` option
+
+By default the backticks that mark inline code snippets are hidden when your version of Vim supports concealing of text. By setting this option to zero you stop vim-notes from hiding those backticks. In the following example, the backticks would be visible in the editor when this option is set to zero:
+
+    This is a sentence with an `inline code` fragment.
+
+### The `g:notes_conceal_italic` option
+
+By default the underscores that mark italic text are hidden when your version of Vim supports concealing of text. By setting this option to zero you stop vim-notes from hiding those underscores. In the following example, the underscores would be visible in the editor when this option is set to zero:
+
+    This is a sentence with _italic_ text.
+
+### The `g:notes_conceal_bold` option
+
+By default the stars that mark bold text are hidden when your version of Vim supports concealing of text. By setting this option to zero you stop vim-notes from hiding those stars. In the following example, the stars would be visible in the editor when this option is set to zero:
+
+    This is a sentence with *bold* text.
+
+### The `g:notes_conceal_url` option
+
+By default URL schemes (text fragments like `http://`) are hidden when your version of Vim supports concealing of text. By setting this option to zero you stop vim-notes from hiding URL schemes. In the following example, the `https://` text would be visible in the editor when this option is set to zero:
+
+    You can find the vim-notes plug-in at https://github.com/xolox/vim-notes.
+
 ## Commands
 
 To edit one of your existing notes (or create a new one) you can use Vim commands such as [:edit] [edit], [:split] [split] and [:tabedit] [tabedit] with a filename that starts with *note:* followed by (part of) the title of one of your notes, e.g.:
diff --git a/autoload/xolox/notes.vim b/autoload/xolox/notes.vim
index a3e40ae..51ce0f7 100644
--- a/autoload/xolox/notes.vim
+++ b/autoload/xolox/notes.vim
@@ -1,12 +1,12 @@
 " Vim auto-load script
 " Author: Peter Odding <peter@peterodding.com>
-" Last Change: March 5, 2015
+" Last Change: March 15, 2015
 " URL: http://peterodding.com/code/vim/notes/
 
 " Note: This file is encoded in UTF-8 including a byte order mark so
 " that Vim loads the script using the right encoding transparently.
 
-let g:xolox#notes#version = '0.31.1'
+let g:xolox#notes#version = '0.32'
 let g:xolox#notes#url_pattern = '\<\(mailto:\|javascript:\|\w\{3,}://\)\(\S*\w\)\+/\?'
 let s:scriptdir = expand('<sfile>:p:h')
 
diff --git a/doc/notes.txt b/doc/notes.txt
index 19c0c2e..dfb5109 100644
--- a/doc/notes.txt
+++ b/doc/notes.txt
@@ -22,6 +22,10 @@ Contents ~
   13. The |g:notes_indexscript| option
   14. The |g:notes_tagsindex| option
   15. The |g:notes_markdown_program| option
+  16. The |g:notes_conceal_code| option
+  17. The |g:notes_conceal_italic| option
+  18. The |g:notes_conceal_bold| option
+  19. The |g:notes_conceal_url| option
  4. Commands                                                   |notes-commands|
   1. The |:Note| command
   2. The |:NoteFromSelectedText| command
@@ -338,6 +342,46 @@ name of this program is assumed to be simply 'markdown'. If you want to use a
 different program for Markdown to HTML conversion, set this option to the name
 of the program.
 
+-------------------------------------------------------------------------------
+The *g:notes_conceal_code* option
+
+By default the backticks that mark inline code snippets are hidden when your
+version of Vim supports concealing of text. By setting this option to zero you
+stop vim-notes from hiding those backticks. In the following example, the
+backticks would be visible in the editor when this option is set to zero:
+>
+  This is a sentence with an `inline code` fragment.
+<
+-------------------------------------------------------------------------------
+The *g:notes_conceal_italic* option
+
+By default the underscores that mark italic text are hidden when your version
+of Vim supports concealing of text. By setting this option to zero you stop
+vim-notes from hiding those underscores. In the following example, the
+underscores would be visible in the editor when this option is set to zero:
+>
+  This is a sentence with _italic_ text.
+<
+-------------------------------------------------------------------------------
+The *g:notes_conceal_bold* option
+
+By default the stars that mark bold text are hidden when your version of Vim
+supports concealing of text. By setting this option to zero you stop vim-notes
+from hiding those stars. In the following example, the stars would be visible
+in the editor when this option is set to zero:
+>
+  This is a sentence with *bold* text.
+<
+-------------------------------------------------------------------------------
+The *g:notes_conceal_url* option
+
+By default URL schemes (text fragments like 'http://') are hidden when your
+version of Vim supports concealing of text. By setting this option to zero you
+stop vim-notes from hiding URL schemes. In the following example, the
+'https://' text would be visible in the editor when this option is set to zero:
+>
+  You can find the vim-notes plug-in at https://github.com/xolox/vim-notes.
+<
 ===============================================================================
                                                                *notes-commands*
 Commands ~
diff --git a/syntax/notes.vim b/syntax/notes.vim
index 2b81b35..dff6918 100644
--- a/syntax/notes.vim
+++ b/syntax/notes.vim
@@ -1,6 +1,6 @@
 " Vim syntax script
 " Author: Peter Odding <peter@peterodding.com>
-" Last Change: November 27, 2014
+" Last Change: March 15, 2015
 " URL: http://peterodding.com/code/vim/notes/
 
 " Note: This file is encoded in UTF-8 including a byte order mark so
@@ -57,7 +57,7 @@ highlight def link notesSingleQuoted Special
 highlight def link notesDoubleQuoted String
 
 " Highlight inline code fragments (same as Markdown syntax). {{{2
-if has('conceal')
+if has('conceal') && xolox#misc#option#get('notes_conceal_code', 1)
   syntax region notesInlineCode matchgroup=notesInlineCodeMarker start=/`/ end=/`/ concealends
   highlight link notesItalicMarker notesInlineCodeMarker
 else
@@ -67,7 +67,7 @@ syntax cluster notesInline add=notesInlineCode
 highlight def link notesInlineCode Special
 
 " Highlight text emphasized in italic font. {{{2
-if has('conceal')
+if has('conceal') && xolox#misc#option#get('notes_conceal_italic', 1)
   syntax region notesItalic matchgroup=notesItalicMarker start=/\<_\k\@=/ end=/_\>\|\n/ contains=@Spell concealends
   highlight link notesItalicMarker notesHiddenMarker
 else
@@ -77,7 +77,7 @@ syntax cluster notesInline add=notesItalic
 highlight notesItalic gui=italic cterm=italic
 
 " Highlight text emphasized in bold font. {{{2
-if has('conceal')
+if has('conceal') && xolox#misc#option#get('notes_conceal_bold', 1)
   syntax region notesBold matchgroup=notesBoldMarker start=/\*\k\@=/ end=/\S\@<=\*/ contains=@Spell concealends
   highlight link notesBoldMarker notesHiddenMarker
 else
@@ -97,7 +97,7 @@ highlight def link notesTextURL notesSubtleURL
 execute printf('syntax match notesRealURL @%s@', g:xolox#notes#url_pattern)
 syntax cluster notesInline add=notesRealURL
 highlight def link notesRealURL notesSubtleURL
-if has('conceal')
+if has('conceal') && xolox#misc#option#get('notes_conceal_url', 1)
   syntax match notesUrlScheme @\(mailto:\|javascript:\|\w\{3,}://\)@ contained containedin=notesRealURL conceal
   highlight def link notesUrlScheme notesRealURL
 endif