Unscrew the screw eyes and jingle bells from the ornament. Paint the stocking bright red and the stocking cuff white; let dry.
Trace the ornament shape onto patterned paper and cut it out. Brush a coat of crafts glue onto the stocking and adhere the paper cutout in place; let dry. Apply two or three coats of glaze to the entire stocking front, letting it dry between coats.
Reattach the jingle bells. Cut a length of satin ribbon, form a loop, and hot-glue the loop ends in place on the stocking cuff. Cut another length of satin ribbon, tie in a bow, and hot-glue in place.