Fast Money Picks For May 6

On CNBC's Fast Money Final Trade, Tim Seymour said that he would add to his long position in ProShares UltraShort Lehman 20+ Yr(ETF) (NYSE: TBT) if it jumps above $48.

Steve Grasso likes Peabody Energy Corporation (NYSE: BTU), but he wants to limit his risk and place a stop loss at $4.34.

Brian Kelly wants to take a short position in iShares MSCI Germany Index Fund (ETF) (NYSE: EWG). He added that a stronger euro is good for this trade.

Guy Adami is a buyer of iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE: TLT).