Penelope Cruz was a big winner at the 81st Annual Academy Awards, and she handled the red carpet with style and grace. She wore a feminine white dress with beaded accents, and complimented it with chic up swept hair. She also rocked the simple staple jewelry that we all wish we owned – diamond stud earrings and a sparkling diamond tennis necklace! You can take her style for less by wearing CZ studs and CZ tennis necklaces.