I have this hoop about 3' aft of the mast on the bottom side of the boom, I think it's for a down haul perhaps but not sure and if so what's the purpose of the down haul? Fyi There's also a hoop just aft of the mast mounted in cabin top.
There's a special horseshoe-type roller bail made that allows the boom to rotate.I've wondered that myself on all boats that have roller reefing. Do you have to disconnect everything attached to the boom?