I just couldn’t help myself. I sold a put last Thursday (mentioned here) and I will be happy however that trade turns out. However, if NSC has a big run-up then I will miss out on owning additional shares.
So this morning I transferred a little cash from my options account to my DG portfolio and bought 30 more shares at $65.89/share. This brings my total to about 63 shares and reduces my cost/share to $67.08. This also increases my yearly dividend income by $60 and gets me closer to the $2400/year in forward dividends I am shooting for by the end of the year.
NSC is now my 2nd largest holding behind WM.