My personal advice would be to ignore your ORP. I completely understand that ozone is supposed to control ORP, but in my experience, there's not always a 1:1 correlation between the two.
I'm the biggest fan of ozone, but I don't agree with dosing it in accordance to ORP, but rather for what it's useful for - clearing the water. The "Mojo test," as it's been called here on the fourms: siphon some water out of your tank an into a white salt bucket. If it has a slight yellow or green cast, then you need more ozone. If not, you have plenty. I recommend bringing down your ozone to the point just over when you can't see any yellow/green in the white bucket. For me, this is around 20-25mg/ht ozone on my 340g system. I have no idea what my ORP is, nor do I really feel it's important, since the tank is healthy.
I think you're about to kill your fish and corals if you go over 50mg/hr in a 125g. It's not good to chase ORP.
Do what you'd like, but I'm afraid you're headed for a crash if you add more ozone....