Implied volatility in NPS Pharmaceuticals (NPSP) is elevated, as the stock moves to a new 52-week high. The stock has been on fire since reporting better than expected earnings last week. Shares are up 31 cents, or 4.6 percent, to $7.02 today and up 31 percent since Thursday. In the options market, there isn’t much volume today, but implied volatility is creeping up to the upper end of its recent range. IV is up 3.7 points, or 8 percent, to 46.6.