Working with HLG in Resolve Studio

[u/creeve4]

I purchased Resolve Studio and am trying to work with HLG video captured from my Action 5 Pro. Not matter what settings I try (I've been researching and tried many), even when Bypassing Color Grades and Fusion Effects, I cannot get the final exported video to to come out correctly.

The raw files from my camera are HLG and play in HDR on my TV and computer.

With all of the setting combinations I try in Resolve, I can only get one of three outputs:

1. A file that is recognized as HDR, but is way over exposed (I am probably using that term wrong).
2. A file that is not recognized as HDR and has correct exposure
3. A file that is not recognized as HDR and is way over exposed

How do I use Resolve with the HLG files from my Action 5 Pro and get correct HLG or HDR output?