OK, no need to muck around any longer. No OCLT needed. The chlorine is being consumed by whatever is growing in the pool, and we need to kill it.
You can drain/refill around 1/2 your water to lower your CYA. That's the best next step, and the most practical approach because it will take half as much chlorine to get the SLAM underway, and your chlorine consumption through the SLAM is likely to be lower as well.
If you don't want to do that, you can jump straight into the SLAM at 32 PPM FC. The initial charge is 1100 oz (8.6 gallons) or 9 by 121 oz jugs of the 10% chlorine you mentioned. You will also need more chlorine to maintain the SLAM than you would at a lower CYA, but possibly not double. I've done the numbers, but please do your own for your own peace of mind and to double-check mine. Best to do your own numbers always.
Before doing this, you'll need to review the instructions in
Pool School - SLAM - Shock Level And Maintain and follow them as closely as possible to keep your SLAM as short as possible.
Let us know which way you want to go and ask any questions along the way.
Getting the pool clean, safe and well balanced will reduce your long term maintenance substantially, both in terms of time and dollars.
After the SLAM is complete and the algae has been killed off, your maintenance level for 80 PPM CYA will be bare minimum 6 PPM FC and a target of 9 PPM FC in order to prevent further problems. For 40 PPM CYA, as an example, it would be bare minimum 3 PPM FC and target of 5 PPM FC.
Either way, for normal pool operation, you'll be adding an average of around 90 oz of 10% chlorine per day, replacing a rough average of 2.5 PPM FC per day. This number will vary depending on bather load, weather, etc. Maintenance alternatives include a liquid chlorine dosing pump, a saltwater chlorinator or manual dosing. If you leave the CYA high, it will gradually come down now that you're not using dichlor, due to splashout, backwashing, and overflow from rain.
It really works and I know you'll be happy, so I'm looking forward to hearing which way you would like to go.