I LOVE stockings! I think I look forward to them more than the kids. We always do a fun toothbrush, candy (go figure), socks, and fun items we wouldn't normally purchase (spiderman socks vs white Hanes). We also include clues in our stockings which eventually lead our children to a larger present, normally a box of cereal. Another tradition our family has is that you are allowed to open your stockings as soon as you wake up. We open gifts under the tree with everyone, but stockings you are own your own. A few years ago my boys woke up at 2 am and opened their stockings! My husband came down at 4 to find them passed out next to a pile candy wrappers on the floor, lol!
Toni