By massive do you mean one of the ones that is grey colored and can stretch to inches long?
If so, in my experience, dipping will not work. When you dip the coral it will retreat to between the polyp and stony base of the coral. Hiding out until things calm down and it comes out again.
Physical removal is likely the best treatment in this case. If possible isolate the coral on a frag rack and try to notice when the worm is out. They can split easily and survive a split as well so handle carefully.
I've used rubber tipped long tweezers to moderate success. I lost a torch in the battle but the rest of my euphyllia survived. (until I had a tank collapse a few years later)