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
13/10/1998

Here's part of the Dumbbell Nebula that you can't see through binoculars. To see this, we suggest a sophisticated spectrograph attached to a telescope with an 8-meter aperture. Pictured above is the central part of the Dumbbell Nebula, also known as M27 and NGC 6853. The Dumbbell is a planetary nebula created by the aging bright star visible just right of center. The nebula, located in the constellation Vulpecula, is thousands of years old. Visible in this false-color photograph is glowing hydrogen gas (green) and enigmatical globules of dense molecular gas and dust (red).