iTunes: subscribe to a podcast without downloading it?

I listen to podcasts on iTunes (on OS X 10.11.3 BTW). There, I said it. I want to make a list of podcast channels I like so I can find them easily and quickly, but I want to stream them, not download them. Apparently if I subscribe to a channel iTunes will try to download stuff -- I do not want this to happen. If I am not online I will not listen to podcasts.

Any idea on how to achieve this? I tried and failed, and could not goole an answer.

In case it is not 100% clear, I am using a Mac, not a phone.

Go to the podcast page in your iTunes Library by selecting it in the menu bar, then click the gear next to the title, then, under "This Computer", select Download Episodes > Off