Planetary Nebula
An expanding shell of ionized gas ejected from a red giant star in the late stages of stellar evolution. Despite the name, it has no connection to planets. The glowing gas is illuminated by the hot core of the dying star.
Source: science.nasa.gov
APODs including "Planetary Nebula"
Shapley 1: An Annular Planetary Nebula
12/12/1995
This strange structure is what can result when a normal star runs out of nuclear fuel in its core. At that time, the center condenses into a white dwarf while the outer atmospheric layers are expelled into space and appear as a planetary nebula. This particular planetary nebula, designated Shapley 1 after the famous astronomer Harlow Shapley, has a very apparent annular ring like structure. Although some of these nebula appear like planets on the sky (hence their name), they actually surround stars far outside our solar system.