The senior and junior optimes are the second and last classes of Cambridge honors conferred on taking a degree. That of wranglers is the first. The last junior optime is called the Wooden Spoon.
optĭmē (optŭm-), adv., v. bonus fin. ...
A New Latin Dictionary by Charlton T. Lewis Ph.D. and Charles Short, LL. D.
optimē (1) bonus; for * bone.—Of manner, well, better, best : ager bene cultus: olere, agreeably ...
An Elementary Latin Dictionary
·noun One of those who stand in the second rank of honors, immediately after the wranglers, in the U...
Webster's Dictionary of the English Language