Looks like some cyno and the start of red bubble algae. red buble algea will crowd out your polyps and iritate them, and cyno will cover/choke them out.
I use maracyn (erethromyacin) for cyno and manual removal/tank husbandry for the bubble algea. In worst case cenario w/ the bubble algea- you might want to think about fragging the polyps off the plug/rock they are on, and relocating them. I have had a bit of sucess with this.
If you arer running a bac driven system- you might want to into maracyn befor using this product. I am testing it as a dip, outside the main system at this time w/ bacteria driven systems.