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Fed playbook: Strategy for tomorrow's decision

All eyes are on the Fed as investors await tomorrow's decision on interest rates.

While the majority of people believe there won't be a hike, markets are nevertheless on hold until the decision.


The "Halftime Report" traders debated how you should position your portfolio ahead of the decision -- no matter the outcome.

Trader disclosure: On September 20, 2016 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:

Joe Terranova: Long AAPL, AGN, AIG, AMZN, APC, AVGO, BAC, BHI, C, CAG, CAT,CB, CIEN, CSCO, CVX, CXO, DOV, DOW, EL, ESRX, B, GOOG, GOOGL, GS, HON,INTC, JPM, JWN, LLY, LOW, LPX, LRCX, M, MDLZ, MGM, MSFT, PANW, PG, PM, RTN,SLB, STI, SWK, TGT, UNH, UPS, URI, V, WBA, WBC, WFC, WMB, YUM, ZION

Stephanie Link: Long AAPL, AGN, AIG, AMZN, APC, AVGO, BAC, BHI, C, CAG, CAT,CB, CIEN, CSCO, CVX, CXO, DOV, DOW, EL, EFTC, ESRX, FB, GOOG, GOOGL, GS, HON,INTC, JPM, JWN, LLY, LOW, LPX, LRCX, M, MDLZ, MGM, MSFT, PANW, PG, PM, RTN,SLB, STI, SWK, TGT, UNH, UPS, URI, V, WBA, WBC, WFC, WMB, YUM, ZION

Jon Najarian: Long Stock: BLUE, CSX, FNSR, GSAT, INO, LXRX, PE, WFC, XONLong Calls: AAPL, BMY, CS, FIT, FXI, GLD, HZNP, KATE, INTC, MGM, MSFT, NFLX,NVAX, PE, QRVO, S, SCHW, SWKS, TLRD, TWTR, WLL

Pete Najarian: Long Stock: AAPL, BAC, BMY, DIS, DISCA, GE, KMI, KMIA, KO,LUX, PEP, PFE, VIAB CALLS: AAL, ABT, AMD, APC, BAC, BSX, CNX, COP, CRM, CS,CSCO, DAL, DISH, ETP, GS, GT, INTEL, JBLU, JCP, KGC, LLY, KMI, KO, LOW, M,SBUX, SLW, TMUS, TTS, TWTR, VRX, X, SLV, ATVI, WUBA Puts: CLF, EEM