Warp Stabilizer Clip Sequence

[Owl Eye Photography]

I have a red line that says this:

I have followed all the youtube videos and it wont go away. I have even delted warp stabilizer and its still there. I am trying to find a way to reset the clip itself but can't find this option. How can I do this without haviving to redo it ! 

[R Neil Haugen]

Close the project, but not Premiere. Then in the Preferences, Cache files, tell it to dump all cache files.

Relaunch Premiere.

Neil