The "Halftime Report" traders delivered their trades with three hours left in the trading day.
Pete Najarian was bullish on Bristol-Myers Squibb.
Jon Najarian highlighted Level 3 Communications.
Trader disclosure: On July 20, 2015, 2015, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders: Pete Najarian is long AAPL, BAC, BMY, BP, CSX, DISCA, DKS, FOXA, GE, KKR, KO, LLY, MRK, PEP, PFE, he is long calls AAPL, ABX, AGNC, BAC, BBY, C, CRM, CY, DAL, ETFC, FCAU, HOG, INVN, JPM, LC, LULU, LVS, NFLX, NUAN, OC, ORCL, PNR, RF, S, SYY, UAL, USB, VOYA, VZ, WYNN, XLF, ZIOP. Jon Najarian is long AEP, BKD, CUDA GE, HOG, PG, XLE he is long calls A, AAL, ADSK, ARG, CAH, CMCSA, CTXS, CVC, DD, DHI, EXPR, FB, GE, JPM, KATE, KSU, LVLT, LVS, MRVL, NUAN, ORCL, PG, PII, PRU, SNDK, SO, T, TWTR, TXT, WMT, ZIOP, he is long puts RIG, VALE. Today he bought DHI calls, LVLT calls, RIG puts. Today he sold HZNP puts. Joe Terranova is long VRTS.