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"high degree of optimism" is a correct and usable phrase in written English.
You could use it in a sentence such as: "The ongoing COVID-19 pandemic has brought a high degree of optimism as countries focus their efforts on finding a vaccine."
Exact(4)
"By the time we had finished with the mice, there was a high degree of optimism," Kincaid told me.
Over the last decades, gene therapy has experienced a high degree of optimism interrupted by periods of diminished expectation.
Carlton and Timothy Lutts of the Cabot Market Letter one of the better market timers, as measured by the Hulbert Financial Digest were typical: "As we approach the end of one of the stock market's most difficult and challenging years, we're looking ahead, with a high degree of optimism, to a much more favorable stock market in 2002".
There was a negative shift in attitudes to the likely effect of the smoking legislation on encouraging smokers to quit (question G), which may have reflected their observations that their colleagues and patrons continued to smoke: an initially high degree of optimism of nearly 70% of respondents reduced to fewer than 60% post-implementation.
Similar(56)
Howe said he believed the Mets could hold their own with anybody, but managers are expected to speak with the highest degree of optimism.
The highest degree of optimism is expressed in China (91%), East Timor (94%) and Viet Nam (92%).
They suggest that people who have happier childhoods are more likely to obtain a degree and a job, have higher degrees of optimism and extraversion, and less neuroticism.
"We see in our markets a high degree of traffic and optimism," said Laurence Hirsch, the chairman and chief executive of the Centex Corporation, a Dallas-based home builder.
Higher scores mean a higher degree of dispositional optimism.
A substantial cause for optimism is the high degree of engagement shown by people with ARF/RHD, with up to 90% attending the clinic within a three-month period, usually for ARF/RHD care.
"In general, it contains a sense of lightness and optimism carried out in color and architectonic form that have a high degree of theatricality, like constantly being involved in a rococo opera".
More suggestions(16)
high degree of trust
high degree of hope
high degree of anticipation
high degree of expectation
high degree of excitement
high degree of enthusiasm
high degree of satisfaction
high degree of faith
considerable degree of optimism
high degree of belief
high degree of conviction
high degree of confidence
excessive degree of optimism
highest degree of optimism
high levels of optimism
high level of optimism
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com