ETF Options Report as of May 4, 2016 from SSGA

Filed Pursuant To Rule 433

Registration No. 333-209926

May 10, 2016

 

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SPDR® ETF Options Report
May 4, 2016
20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total Open Options
Ticker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put) Available
SPY SPDR S&P500 ETF Trust 90,083,152 2,199,873 911,416 1,288,457 7,481,437 12,837,670 Y
XLF Financial Select Sector SPDR Fund 43,412,460 111,232 50,861 60,371 787,295 1,901,794 Y
XOP SPDR S&P Oil & Gas Exploration & Production ETF 20,851,816 142,632 42,857 99,775 626,819 896,321 Y
XLE Energy Select Sector SPDR Fund 18,096,110 66,951 26,003 40,948 449,345 743,010 Y
XLU Utilities Select Sector SPDR Fund 16,288,719 27,076 8,126 18,950 239,124 402,542 Y
XLP Consumer Staples Select Sector SPDR Fund 12,789,208 20,331 2,839 17,492 75,056 257,297 Y
XLI Industrial Select Sector SPDR Fund 11,713,430 24,796 14,400 10,396 144,769 550,038 Y
XLV Health Care Select Sector SPDR Fund 11,684,657 14,736 6,907 7,829 136,400 183,546 Y
GLD® SPDR Gold Shares 10,863,758 200,443 144,638 55,805 2,569,401 924,214 Y
XLK Technology Select Sector SPDR Fund 10,246,082 11,512 4,751 6,761 80,444 101,825 Y
JNK SPDR Barclays High Yield Bond ETF 9,883,346 1,960 1,503 457 43,322 68,215 Y
XME SPDR S&P Metals & Mining ETF 8,389,256 33,086 6,572 26,514 123,638 477,196 Y
XBI SPDR S&P Biotech ETF 7,707,605 22,082 14,796 7,286 230,070 248,119 Y
XLB Materials Select Sector SPDR Fund 5,360,328 9,637 3,513 6,124 101,229 130,763 Y
XLY Consumer Discretionary Select Sector SPDR Fund 5,278,198 10,349 5,556 4,793 151,928 336,247 Y
KRE SPDR S&P Regional Banking ETF 5,242,583 6,881 3,682 3,199 105,517 134,535 Y
XRT SPDR S&P Retail ETF 5,137,989 17,414 3,376 14,038 76,320 165,294 Y
DIA SPDR Dow Jones Industrial Average ETF Trust 3,471,720 35,515 17,917 17,598 340,392 277,573 Y
FEZ SPDR EURO STOXX 50 ETF 2,719,502 3,882 1,831 2,051 88,927 76,841 Y
XHB SPDR S&P Homebuilders ETF 2,548,700 3,796 1,260 2,536 55,437 59,732 Y
KBE SPDR S&P Bank ETF 2,374,588 1,149 648 501 7,664 37,675 Y
MDY SPDR S&P MidCap 400 ETF Trust 1,690,732 2,442 1,890 552 57,203 25,687 Y
SJNK SPDR Barclays Short Term High Yield Bond ETF 1,037,333 17 8 9 131 1,081 Y
SDY SPDR S&P Dividend ETF 825,633 132 114 18 5,404 1,190 Y
RWX SPDR Dow Jones International Real Estate ETF 738,565 1 1 — 101 1 Y
XES SPDR S&P Oil & Gas Equipment & Services ETF 518,182 97 81 16 1,719 613 Y
CWB SPDR Barclays Convertible Securities ETF 408,739 10 6 4 169 154 Y
Source: Bloomberg.


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SPDR® ETF Options Report
20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total Open Options
Ticker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put) Available
BWX SPDR Barclays International Treasury Bond ETF 386,182 16 14 2 308 59 Y
RWR SPDR Dow Jones REIT ETF 238,422 44 5 39 385 3,898 Y
XPH SPDR S&P Pharmaceuticals ETF 199,394 19 13 6 331 134 Y
KIE SPDR S&P Insurance ETF 164,608 350 27 323 353 6,498 Y
GNR SPDR S&P Global Natural Resources ETF 154,857 2 1 1 97 66 Y
GWX SPDR S&P International Small Cap ETF 145,185 4 2 2 32 80 Y
DWX SPDR S&P International Dividend ETF 127,290 7 4 3 114 63 Y
XSD SPDR S&P Semiconductor ETF 79,240 1 1 — 27 — Y
GUR SPDR S&P Emerging Europe ETF 77,167 — — — 11 — Y
EDIV SPDR S&P Emerging Markets Dividend ETF 68,563 8 6 2 97 38 Y
GXC SPDR S&P China ETF 59,128 6 3 3 5,227 96 Y
EWX SPDR S&P Emerging Markets SmallCap ETF 49,237 7 3 4 109 215 Y
HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 41,915 3 1 2 — 91 Y
EBND SPDR Barclays Emerging Markets Local Bond ETF 17,980 — — — 1 — Y
KCE SPDR S&P Capital Markets ETF 7,458 — — — 61 25 Y
DGT SPDR Global Dow ETF 4,981 3 — 3 1 45 Y
XLRE Real Estate Select Sector SPDR Fund 4,560 1 — 1 — 1 Y
XLFS Financial Services Select Sector SPDR Fund 4,194 10 4 6 90 105 Y
Source: Bloomberg.
State Street Global Advisors
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SPDR® ETF Options Report
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 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.
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.
Because of their narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors and companies.
Select Sector SPDR Funds bear a higher level of risk than more broadly diversified funds. All ETFs are subject to risk, including the possible loss of principal. Sector ETFs products are also subject to sector risk and non-diversification risk, which generally results in greater price fluctuations than the overall market.
Non-diversified funds that focus on a relatively small number of stocks or countries tend to be more volatile than diversified funds and the market as a whole.
Options investing entail a high degree of risk and may not be appropriate for all investors. 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.
Investing in commodities entails significant risk and is not appropriate for all investors.
Important Information Relating to SPDR Gold Trust
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 will arrange to send you the prospectus if you request it by calling 866.320.4053.
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. The
GLD prospectus is available here
The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data.
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.
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.
Not FDIC Insured • No Bank Guarantee • May Lose Value
State Street Global Advisors
© 2016 State Street Corporation. All Rights Reserved.
ID6609-IBG-19381 0516 Exp. Date: 07/31/2016 IBG.SPDRETFOG.0516 SPD001096


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.