JCPenney offers the North Pole Trading Co. Channel Quilted Velvet Monogrammed Stocking in four colors (Red/Green pictured) for $8.49. Coupon code "AFTERALL" knocks it to $6.79. Opt for $3.95 in-store pickup to dodge the $8.95 shipping charge. That's $27 off list and the lowest total price we could find. Deal ends December 28.
Note: Choose the "Add monogram" option on the product page to customize your monogram.