I have a basic question about Call option. Lets say:

AAPL January 2010 Call Strike price 300.
Bought 1 contract (100 shares) January 21st 2010 is expiry date.

In December i see the price is not going up at all and it wont touch 300 in January. Can i Sell to Close before the strike price is reached. (Take a loss and get some money back).