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Closing a Call option question
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).
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