HOLEY STONES That's not a typo -- I'm talking here about stones with holes in them. In Eddas, Odin transformed himself into a worm and then slipped through a stone to steal the mead of poetry. This myth gives holey stones the name Odin Stones. Stones with naturally occurring holes produced by erosion are highly protective objects. In ancient Britain holey stones were tied with red ribbons and hung on bedposts to prevent nightmares. The are receptive and promote psychism, health and protection. To assist in healing, charge a holey stone and wear it around your neck. Another use of the holey stone is to enhance psychism. To look through a holey stone is said to improve eyesight.