Hi,
I found out that there is already code doing what I proposed but just
when the backend is not dvipng.
If you want to keep using dvipng you can set:
(let ((dvipng (alist-get 'dvipng org-preview-latex-process-alist)))
(plist-put dvipng :image-converter '("dvipng -D %D -T tight -o %O %f"))
(plist-put dvipng :use-xcolor t))
The first setting is necessary to remove -F and -B from the command
line since otherwise the mix of xcolor and color arguments makes
dvipng abort with segmentation fault.
Otherwise, use another backend like imagemagick.
Best regards
--
Carlos