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
16/08/2011
What happens when a star runs out of nuclear fuel? For stars about the mass of our Sun, 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, pictured above and designated Shapley 1 after the famous astronomer Harlow Shapley, has a very apparent annular ring like structure. Although some of these nebulas appear like planets on the sky (hence their name), they actually surround stars far outside our Solar System.