Often used sarcastically to indicate the opposite of hope; usually that something is unlikely to happen. He's going to clean his room without being told? Some hope!
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Colloquial
Considered informal, it's used more in casual conversation than in formal writing or speech. You think they'll give us extra vacation days? Some hope!
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Pessimism
Conveys a negative outlook; implies a situation is hopeless or a person is pessimistic about the outcome. Winning the lottery to solve our problems? Some hope!