Fast Money Picks For December 17

Tim Seymour recommended a long position in China Mobile Ltd. (ADR) CHL on CNBC's Fast Money Final Trade on Tuesday. He thinks that there is a strong support at $54.50 and sees it as a yield and valuation play. Dan Nathan thinks that it would be a good idea to buy puts in iShares Barclays 20+ Yr Treas.Bond (ETF) TLT as a short term trade. He would close this position after the Fed meeting. Steve Grasso is a buyer of Delta Air Lines, Inc. DAL, because of low crude oil prices. Guy Adami thinks that Spirit Airlines Incorporated SAVE should be bought on Wednesday.