Graduate admissions application?

I'm planning on applying to graduate school for engineering, but my overall GPA is about a 3.0. I've gotten about a 3.0 every semester.

So far, I have an A in all of my classes this semester (fall 2012), and I'm enrolled in a graduate course. I know I am doing much better this semester. I think these grades will greatly help with the admissions process too, but I'm not sure if I should:

A) Just submit the grades I have

B) Submit my application on time but send my transcript later (i.e., wait for my fall 2012 grades)

C) Submit my application and transcript late.

If I submit my transcript later, the school probably won't get it until January 10th.

The deadline is December 15th for the application

My finals end 1 week later.

Then there's winter break.

Then I can send my transcript (if I choose to send it later).

WILL THIS LOOK BAD OR NEGATIVELY AFFECT ME?