Jon Najarian: Watch U.S. 10-Year Yields
Michael Block: Short SPDR Financial ETF
Pete Najarian: Watch iPath S&P 500 Short Term Volatility
Jim Lebenthal: Buy BP
Trader disclosure: On May 6, 2015, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Halftime Report" traders:
JON NAJARIAN
Long BBY, EXXI, GE, HSBC, HUN, HZNP, MAS, MCD, MDRX, MRVL, MW, NEE, NRG, OAS, OC, PG, PVA, RHT, SCTY, SIMO, SIRI, SKX, SOL, SYK, TEVA, TTWO, TLT, VIX, WMB, XLI, YPF, ZIOP
Long calls AKS, BBY, CTXS, EQT, EWJ, FB, GE, GREK, GRPN, GSK, GTI, IDTI, LNKD, MCD, MDRX, MYL, NTAP, NUAN, OAS, PG, PPC, PRU, RAD, SAP, SIMO, SKX, SNDK, TAP, VALE, WFM, XLK, YHOO.
PETE NAJARIAN
Long AMAT, AAPL, BABA, BAC, BBY,BMY, BP, CSX, DISCA, FOXA, GE, KKR, KO, LLY, LOCO, MBLY, MRK, PEP, PFE
Long calls AA, AAL, AAPL, BK, BX, CBS, CELG, CIEN, CSX, DAL, DB, EEM, EJ, F,FL, GE, GS, HSBC, HZNP, IMAX, JBLU, JOY, KO, LEN, MAC, MYL, NEE, NTAP, NUAN,OC, PFE, SYY, TEVA, TSX, UAL, UUP, VZ, XLF, XOM, ZIOP.
JIM LEBENTHAL
Long AAPL, BP, C, DCO, EEQ, GAIA, GM, IBM, INTC, JCP, MPC, OA, ORBC, PFE, QCOM, SJT,SPLS, TGT, TIF, TRMB, WGO.