Here are some fun ideas for you from Martha Stewart.

1.  Recycled Sweater Stocking:  http://www.marthastewart.com/portal/site/mslo/menuitem.0e0eb51a2e6b5ad593598e10d373a0a0/?vgnextoid=caf32e912b11f010VgnVCM1000003d370a0aRCRD&backto=true

2.  Felt Jingle Bell Stockings:  http://www.marthastewart.com/portal/site/mslo/menuitem.3a0656639de62ad593598e10d373a0a0/?vgnextoid=b8b8767338bd4110VgnVCM1000003d370a0aRCRD&backto=true

3.  Felt and Ric-Rac Stocking:  http://www.marthastewart.com/portal/site/mslo/menuitem.3a0656639de62ad593598e10d373a0a0/?vgnextoid=95f4809dc732f010VgnVCM1000003d370a0aRCRD&backto=true

4.  Keepsake Stocking:  http://www.marthastewart.com/portal/site/mslo/menuitem.3a0656639de62ad593598e10d373a0a0/?vgnextoid=31fdce908332f010VgnVCM1000003d370a0aRCRD&backto=true