ETF Options Report

Filed Pursuant To Rule 433

Registration No. 333-203585

February 3, 2016

 

SPDR® ETF Options Report    January 13, 2016

 

Ticker

   

Name

    20 Day Average
ETF Volume		      20 Day Average
Total Option Volume		      20 Day Average
Call Option Volume		      20 Day Average
Put Option Volume		      Total Open
Interest (Call)		      Total Open
Interest (Put)		      Options
Available		  

SPY

   

SPDR S&P 500 ETF Trust

      146,608,960         2,857,875         1,154,595         1,703,280         7,459,620         12,586,190         Y   

XLF

   

Financial Select Sector SPDR Fund

      52,678,996         164,403         79,026         85,377         1,567,741         2,740,286         Y   

XLE

   

Energy Select Sector SPDR Fund

      23,872,322         69,882         28,031         41,851         527,454         627,678         Y   

XOP

   

SPDR S&P Oil & Gas Exploration & Production ETF

      16,200,600         48,118         26,284         21,834         817,011         565,765         Y   

JNK

   

SPDR Barclays High Yield Bond ETF

      14,046,194         3,778         784         2,994         45,115         94,540         Y   

XLK

   

Technology Select Sector SPDR Fund

      13,746,640         9,505         3,978         5,527         136,588         114,515         Y   

XLI

   

Industrial Select Sector SPDR Fund

      13,347,929         28,522         11,215         17,307         100,520         204,601         Y   

XLV

   

Health Care Select Sector SPDR Fund

      12,837,531         13,198         5,054         8,144         81,370         144,122         Y   

XLU

   

Utilities Select Sector SPDR Fund

      11,529,077         15,797         7,986         7,811         126,710         242,211         Y   

XLP

   

Consumer Staples Select Sector SPDR Fund

      10,936,285         9,014         3,566         5,448         50,161         167,275         Y   

XLY

   

Consumer Discretionary Select Sector SPDR Fund

      8,849,819         15,104         4,386         10,718         360,524         264,278         Y   

DIA

   

SPDR Dow Jones Industrial Average ETF Trust

      8,627,301         48,405         26,849         21,556         378,430         303,111         Y   

XLB

   

Materials Select Sector SPDR Fund

      7,702,804         9,768         1,011         8,757         152,526         186,470         Y   

KRE

   

SPDR S&P Regional Banking ETF

      5,935,531         8,155         1,182         6,973         95,973         197,368         Y   

GLD®

   

SPDR Gold Shares

      5,922,899         101,101         68,976         32,125         2,085,371         741,616         Y   

XBI

   

SPDR S&P Biotech ETF

      4,949,738         23,078         8,760         14,318         181,395         316,269         Y   

XRT

   

SPDR S&P Retail ETF

      3,770,811         19,139         3,238         15,901         67,135         210,821         Y   

XHB

   

SPDR S&P Homebuilders ETF

      3,612,760         5,823         3,099         2,724         137,937         102,425         Y   

FEZ

   

SPDR EURO STOXX 50 ETF

      3,237,539         1,370         356         1,014         29,387         33,235         Y   

MDY

   

SPDR S&P MidCap 400 ETF Trust

      2,758,381         3,732         1,926         1,806         49,251         45,666         Y   

KBE

   

SPDR S&P Bank ETF

      2,675,185         877         247         630         3,111         8,720         Y   

BIL

   

SPDR Barclays 1–3 Month T-Bill

      2,401,284         —           —           —           —           —           Y   

XME

   

SPDR S&P Metals & Mining ETF

      2,110,903         3,584         2,112         1,472         177,170         117,966         Y   

SJNK

   

SPDR Barclays Short Term High Yield Bond ETF

      2,084,016         14         4         10         500         197         Y   

SDY

   

SPDR S&P Dividend ETF

      1,528,571         141         85         56         4,325         2,089         Y   

CWB

   

SPDR Barclays Convertible Securities ETF

      1,266,150         5         2         3         237         874         Y   

SCPB

   

SPDR Barclays Short Term Corporate Bond ETF

      1,205,114         —           —           —           —           —           Y   

Source: Bloomberg.

 

LOGO

SPDR® ETF Options Report

 

Ticker

   

Name

    20 Day Average
ETF Volume		      20 Day Average
Total Option Volume		      20 Day Average
Call Option Volume		      20 Day Average
Put Option Volume		      Total Open
Interest (Call)		      Total Open
Interest (Put)		      Options
Available		  

SHM

   

SPDR Nuveen Barclays Short Term Municipal Bond ETF

      843,507         —           —           —           —           —           Y   

RWX

   

SPDR Dow Jones International Real Estate ETF

      785,670         1         1         —           44         10         Y   

BWX

   

SPDR Barclays International Treasury Bond ETF

      658,200         1         —           1         41         270         Y   

XES

   

SPDR S&P Oil & Gas Equipment & Services ETF

      516,584         169         152         17         1,770         494         Y   

TFI

   

SPDR Nuveen Barclays Municipal Bond ETF

      436,904         —           —           —           —           —           Y   

CWI

   

SPDR MSCI ACWI ex-US ETF

      383,200         —           —           —           —           —           Y   

RWR

   

SPDR Dow Jones REIT ETF

      320,368         98         79         19         1,349         382         Y   

RWO

   

SPDR Dow Jones Global Real Estate ETF

      278,804         —           —           —           5         22         Y   

DWX

   

SPDR S&P International Dividend ETF

      260,424         4         2         2         78         84         Y   

KIE

   

SPDR S&P Insurance ETF

      205,741         16         15         1         465         38         Y   

GNR

   

SPDR S&P Global Natural Resources ETF

      194,559         1         1         —           27         37         Y   

GWL

   

SPDR S&P World ex-US ETF

      187,013         —           —           —           —           60         Y   

XPH

   

SPDR S&P Pharmaceuticals ETF

      168,717         24         19         5         519         237         Y   

XSD

   

SPDR S&P Semiconductor ETF

      164,396         1         1         —           132         26         Y   

HYMB

   

SPDR Nuveen S&P High Yield Municipal Bond ETF

      157,460         1         —           1         —           10         Y   

GWX

   

SPDR S&P International Small Cap ETF

      144,483         1         —           1         —           20         Y   

GXC

   

SPDR S&P China ETF

      141,394         5         2         3         5,183         41         Y   

EWX

   

SPDR S&P Emerging Markets Small Cap ETF

      125,064         1         —           1         3         42         Y   

EDIV

   

SPDR S&P Emerging Markets Dividend ETF

      111,327         2         2         —           74         26         Y   

Source: Bloomberg.

ssga.com  |  spdrs.com  |  spdrgoldshares.com

 

For investment professional use only. Not for use with the public.

State Street Global Advisors, One Lincoln Street, Boston, MA 02111-2900. T: +1 617 664 7727.

Important Risk Information

This material, prepared in response to your specific inquiry, was created by SSGA Strategy & Research.

This material has been created for informational purposes only and does not constitute investment advice and it should not be relied on as such. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, or liability for, decisions made based on this material. All material has been obtained from sources believed to be reliable, but its accuracy is not guaranteed.

Morgan Stanley is a service mark of Morgan Stanley and has been licensed for use by State Street Bank and Trust Co. These funds are not sponsored, endorsed, sold or promoted by Morgan Stanley or any of its affiliates (collectively “MS”). Neither MS nor any other party makes any representation or warranty, express or implied, to the owners of these funds or any member of the public regarding the advisability of investing in funds or in these funds particularly.

Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

 

 

State Street Global Advisors     2

SPDR® ETF Options Report

 

Dow Jones and Dow Jones Total Stock Market Indexes are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by State Street Bank and Trust. SPDR ETFs based on the Dow Jones Indexes, are not sponsored, endorsed, sold or promoted by Dow Jones and Dow Jones makes no representation regarding the advisability of investing in such product(s).

The Russell/Nomura PRIME™ Index and Russell/Nomura Small Cap™ Index are trademarks of Russell Investment Group and Nomura Securities Co., Ltd. and have been licensed for use by State Street Bank and Trust Company through its State Street Global Advisors Division. The Products are not sponsored, endorsed, sold or promoted by Russell Investment Group or Nomura Securities Co., Ltd. and neither party makes any representation regarding the advisability of investing in the Product.

The MSCI ACWISM Index is a trademark of Morgan Stanley Capital International. The financial products described herein are indexed to an MSCI index. The financial products referred to herein are not sponsored, endorsed or promoted by MSCI, and MSCI bears no liability with respect to any such financial products or index which such financial products are based.

The Macquarie Global Infrastructure 100 Index is a trademark of Macquarie and has been licensed for use by State Street Bank and Trust Company through its State Street Global Advisors Division.

The SPDR® FTSE/Macquarie Global Infrastructure 100 ETF is not in any way sponsored, endorsed, managed, sold or promoted by FTSE International Limited (“FTSE”), Macquarie Bank Limited or its affiliates or subsidiaries, the London Stock Exchange Plc (the “Exchange”) or by The Financial Times Limited (“FT”). For further important information and disclaimers regarding Macquarie, see spdrs.com.

Barclays is a trademark of Barclays, the investment banking division of Barclays Bank PLC (“Barclays”) and has been licensed for use in connection with the listing and trading of the SPDR Barclays ETFs. The products are not sponsored by, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of investing in them.

“Barclays” is a trademark of Barclays, the investment banking division of Barclays Bank PLC (“Barclays”) and is used by Barclays Global Investors under license. With a distinctive business model, Barclays provides corporates, financial institutions, governments and supranational organizations with solutions to their financing and risk management needs. Barclays compiles, maintains and owns rights in and to the Barclays U.S. Government Inflation-Linked All Maturities Index. The fund is not sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of the fund or use of either the Barclays U.S. Government Inflation-Linked All Maturities Index or any data included therein.

Important Information Relating to SPDR Gold Trust (“GLD®”)

The SPDR Gold Trust (“GLD”) has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents GLD has filed with the SEC for more complete information about GLD and this offering. You may get these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting spdrgoldshares.com. Alternatively, the Trust or any authorized participant will arrange to send you the prospectus if you request it by calling 866.320.4053.

GLD is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of the Trust do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA.

GLD shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of GLD shares relates directly to the value of the gold held by GLD (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the gold represented by them. GLD does not generate any income, and as GLD regularly sells gold to pay for its ongoing expenses, the amount of gold represented by each Share will decline over time. Investing involves risk, and you could lose money on an investment in GLD.

Please see the GLD prospectus for a detailed discussion of the risks of investing in GLD shares.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Options investing entail a high degree of risk and may not be appropriate for all investors.

Investing in commodities entails significant risk and is not appropriate for all investors.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., a registered broker-dealer, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, and all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc. is distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Markets, LLC.

State Street Global Markets, LLC is the distributor for all registered products on behalf of the advisor. SSGA Funds Management has retained Nuveen Asset Management as the sub-advisor.

Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 866.787.2257 or visit spdrs.com. Read it carefully.

 

 

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State Street Global Advisors   ID5805-IBG-18018  0116  Exp. Date: 4/20/2016  IBG.EOG.1116   SPD001051

SPDR® GOLD TRUST has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street, Attn: SPDR® Gold Shares, 30th Floor, Boston, MA 02111.