Marcus Henry has been waived in order to create a roster spot for recently signed Ben Graham, but Reggie Hodges remains on the team, out for this game. I imagine they want Hodges to be the long-term punter, which puts Graham in a very awkward spot. Waylon Prather is still on the practice squad, but the Jets are opting for Graham. That probably doesn't bode well for Prather's long-term roster chances, but that's just speculation on my part.
Expect the Jets to try and add Henry to the practice squad (or back to the official roster) as soon as he clears waivers.