[jQuery] How to make this work for multiple elements with same class

[Rick Faircloth]

Here's the code that I'm trying to make function
for multiple links on a page with the class of "update-link"

How would I change this to make it work for the specific
.update-link element that I click?

                $(document).ready(function() {
                
                        $('.update-link').click(function() {
                                                
                                $('this').prev('.options').hide();
                                $('this').next('.update-div').fadeIn(500);
                                                
                        });
                });


Thanks,

Rick