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:
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.
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.
Long AAPL, BP, C, DCO, EEQ, GAIA, GM, IBM, INTC, JCP, MPC, OA, ORBC, PFE, QCOM, SJT,SPLS, TGT, TIF, TRMB, WGO.