Dow, S&P And More: Fast Money Picks For December 21

On CNBC's Fast Money Final Trade, Tim Seymour said that he is a buyer of Freeport-McMoRan Inc FCX. He thinks that the stock is consolidating. Freeport-McMoRan jumped 4.54 percent on Tuesday.

Karen Finerman wants to buy put options in SPDR S&P 500 ETF Trust SPY to protect her portfolio.

Steve Grasso likes H & R Block Inc HRB.

Dan Nathan believes it would be a good idea to buy puts in SPDR Dow Jones Industrial Average ETF DIA.