Here it is:

My husband had one of these retractable ID reels for his work ID, and I thought it would be great to use for my stylus.
I picked up this package of reels from Staples office supply.

I used some pliers to open up the V-ring that was attached to the ID badge holder.

I added a jump ring to my stylus, hooked it through the V-ring, and then reattached it to the badge reel.

Here it is all attached

I decorated it using a 1" circle of Bazzil Bling paper, and a 1" Font 1 Shift J on page 47 from my new Cricut Everyday cartridge. I used some Shimmer Mist to give my Monogram some sparkle, and then finished off my reel with some mini gems and ribbon.

Here is a close up of the back. It has a clip on it. I just hook it to my collar or pocket.

Here is a picture of it pulled out some. The reel has a 33-inch cord, plenty of line to comfortably reach my Gypsy. I just have to remember not to let it fly back into place, or I may be hitting myself in the face with my stylus! LOL

Have a Great and Crafty Day!